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There has been a shift in correctional policy and practices where officials:
Non-Interest-Bearing Note
A type of debt instrument which does not accrue interest, repaid at its face value at maturity.
U.S. Dollar Equivalent
The value of a foreign currency transaction converted into U.S. dollars at the current exchange rate.
Forward Contract
A financial agreement to buy or sell a specific asset at a predetermined price at a set time in the future.
Fair Value Hedge
A financial strategy used to offset the risk of changes in the fair value of a recognized asset or liability or an unrecognized firm commitment.
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