Examlex
Explain binding arbitration.
Loan Repayment
The process of paying back borrowed money, typically consisting of principal and interest components, over an agreed period.
Interest Rate
The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.
Foreign Exchange Gain
A profit arising from fluctuations in the value of foreign currencies relative to one's home currency.
Exchange Rates
The pace at which one form of currency can be swapped for another, affecting international commerce and investments.
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