Examlex
What structural body is made up of flattened cisternae flanked by tubular networks and thought to be an extension of the endoplasmic reticulum?
Bond
A fixed income instrument that represents a loan made by an investor to a borrower, usually corporations or governmental agencies, which includes the terms of the loan, interest payments, and the time at which the loaned funds must be repaid.
Interest Rate Parity
An economic theory stating that the difference in interest rates between two countries is equal to the expected change in exchange rates between their currencies.
Unbiased Forward Rates
Financial theory suggesting that forward exchange rates should be an unbiased predictor of future spot exchange rates.
Covered Interest Arbitrage
An investment strategy that involves exploiting the interest rate differential between two countries while using forward contracts to hedge against currency risk.
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