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Alpha corporation owns and controls several retail outlets and is pursuing a strategy called franchising.
Forward Exchange Rate
The agreed-upon exchange rate for currencies to be exchanged on a specified future date.
Swaps
Financial derivatives contracts where two parties agree to exchange one stream of cash flows for another, often used to manage risk or speculate.
Securities
Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.
Currencies
Systems of money in common use, particularly for people in a nation.
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