Examlex
Total quality management (TQM) includes two group decision-making techniques: benchmarking and empowerment.
Foreign Currency Futures
Financial contracts obligating the buyer to purchase, and the seller to sell, a specified amount of foreign currency at a predetermined future date and price.
Euro
The official currency of 19 out of the 27 European Union countries, which is used as a common form of currency in international financial transactions.
British Pound
The official currency of the United Kingdom, also known as GBP (Great British Pound).
Spot Price
The current market price at which a particular asset, like a commodity or currency, can be bought or sold for immediate delivery.
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