Examlex
The original Constitution allowed states to determine who could vote for the House of Representatives.
Futures Contract
A formal contract to purchase or sell a specific financial asset or commodity at an agreed-upon price on a future date.
Credit Risk
The risk of loss due to a borrower's inability to make payments on any type of debt.
Clearing Corporation
An entity that facilitates the settlement of transactions in the financial markets by ensuring the transfer of funds and securities.
Net Position
The difference between the total number of long and short positions that a trader or institution holds in a particular security, currency, or commodity.
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