The Term That Has Come to Represent a Business's Commercial

question 30

Short Answer

The term that has come to represent a business's commercial dealings over the Internet is ____________________.

---

Definitions:

Spot Rate

The present cost at which a specific currency is available for purchase or sale, with immediate transfer.

Swiss Francs (CHF)

The currency of Switzerland, known for its strength and stability in the financial market.

Forward Contract

A non-standardized contract between two parties to buy or sell an asset at a specified future date at a price agreed upon today.

Spot Rate

The current market price at which a particular asset can be bought or sold for immediate delivery.