Examlex
A worker can be efficient without being effective.
Subsidiary
A company controlled by another company, known as the parent company, through majority ownership or a significant percentage of voting stock.
Inflation Rate
The velocity at which prices for everyday goods and services climb, leading to diminished purchasing capability.
Exchange Rate
The value of one country's currency in terms of another currency or currencies.
Spot Rate
The current market price at which a particular asset, such as foreign exchange, is bought or sold for immediate delivery.
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