Examlex
When a function just needs to use a copy of an argument passed to it, the argument should normally be passed by value.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.
Forward Contract
A bespoke contract between two parties for the future exchange of an asset, set at a price determined today, to occur at a specific later date.
Spot Market Price
The current market price at which a particular asset, such as a commodity, currency, or security, can be bought or sold for immediate delivery.
Contract Price
The agreed-upon price for goods or services detailed in a contractual agreement.
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