Examlex
Although there are many disagreements about what is right and wrong, an overriding constant may be that ethical actions, moral correctness, and social responsibility all boil down to:
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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