Examlex
On any given day, a person may be subjected to over 2,500 advertising messages but may be aware of only 10 to 20 of them. What is this called?
Cross-Rate
The exchange rate between two currencies, calculated based on their common exchange rates with a third currency.
Exchange Rate
The rate at which one currency can be exchanged for another, determining how much of one currency is needed to purchase a unit of another currency.
Spot Trade
An agreement to trade currencies based on the exchange rate today for settlement in two days.
Exchange Rate
The rate at which one currency can be exchanged for another, usually used in international trade and finance.
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