Examlex
ADR proceedings are normally confidential,with only the final agreement being made public.
Large Borrowers
Individuals or entities that take out significant loans from financial institutions, often with substantial collateral and terms of agreement.
Exchange Rate Risk
The potential for loss due to fluctuations in the exchange rates between currencies, affecting companies that engage in international business.
International Operations
Business activities conducted in more than one country, involving cross-border transactions of goods, services, or capital.
International Fisher Effect
An economic theory stating that the difference in nominal interest rates between two countries is proportional to the expected change in the exchange rate between their currencies.
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