Examlex
Explain how adaptability is an important ingredient in meeting family crises creatively.
Annual Interest Rate
The percentage of interest that will be earned or paid on investments or loans over a one-year period.
Foreign Currency Option
A financial contract which grants the owner the option, without being obliged, to convert funds in one currency to another at a set exchange rate on a determined date.
Strike Price
The predetermined price at which the holder of an option can buy (in the case of a call) or sell (in the case of a put) the underlying asset or security.
Foreign Exchange Gain
A financial benefit that occurs when the value of foreign currencies increases compared to the home currency, affecting transactions or holdings in foreign currencies.
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