Examlex
Procedures for amending the Constitution are found in Article
Subsidiary
A company controlled by another company, often referred to as its parent company.
Interest Rate Parity
A theory in financial economics that suggests the difference between the interest rates of two countries is equal to the difference between the forward exchange rate and the spot exchange rate.
Forward Rate
The agreed-upon price for a financial transaction that will occur at a future date, used primarily in foreign exchange and interest rate markets.
Spot Rate
The present market rate at which a specific asset, like a currency, commodity, or security, is available for purchase or sale with immediate delivery.
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