Examlex
Which areas are affected only minimally by age?
Forward Contract
A customized contract between two parties to buy or sell an asset at a specified future date at a price agreed upon today.
Forward Rate
An agreed-upon exchange rate for a currency to be exchanged on a specified future date, used in forward contracts.
Discount Rate
A interest rate used to determine the present value of future cash flows.
Option Expense
The cost associated with granting stock options to employees, typically recognized over the vesting period.
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