Examlex
A plan that bases pay on performance is often called a merit pay plan.
Depreciated
A reduction in the value of an asset over time, typically due to wear and tear or obsolescence.
Foreign Exchange
The exchange of one currency for another, or the conversion of one currency into another currency.
International Trade
The exchange of goods, services, and capital among countries and territories, which can lead to increased economic growth and consumer choice.
U.S. Dollar
The official currency of the United States, widely used as a benchmark in global financial transactions.
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