Examlex
Reconstruction was the era of racial healing that followed the civil rights movement.
Foreign Currency Firm Commitments
Agreements to execute a financial transaction in a foreign currency at a future date, at a predetermined rate or price.
Cash Flow Hedge
A form of hedge accounting that aims to reduce the exposure to variability in cash flows related to a specific risk.
Foreign Currency Option
A financial derivative that gives the holder the right, but not the obligation, to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date.
Fair Value
The cost at which one could sell an asset or assume a liability in a structured exchange with market participants on the valuation date.
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