Examlex
Microsoft's Clippy is an example of a(n) _______.
Cap
An upper limit set on the amount of money that can be charged or paid in a certain situation, such as interest rates on a loan or fees.
Cross-Hedging
Cross-hedging involves using a hedge to manage risk by investing in a financial instrument that is not directly correlated to the underlying asset but has similar price movements.
Hedge Price
A price locked in through hedge contracts to reduce exposure to price fluctuations of commodities, currencies, or securities.
Futures Contract
A formal, uniform agreement for purchasing or selling an item at a set price at a future date, commonly utilized for trading commodities or financial instruments.
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