Examlex
The chief advocate of the program for economic development called the American System was:
Exchange Rates
The value of one currency for the purpose of conversion to another, determining how much one currency is worth in terms of the other.
Forward Exchange Contract
An agreement to exchange currencies at a specified rate on a predetermined future date, used to hedge against currency risk.
Net Income
The net income of a company, calculated by deducting all costs and taxes from the overall revenue.
Local Currency Units
Local currency units refer to the currency that is legal tender in a country's domestic economy and used to present financial information.
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