Examlex
Two basic strategies for reducing the effects of interest rate risk include using hedging strategies and:
Delegating Authority
The act of transferring decision-making power and responsibility from one individual to another, typically from a higher to a lower level in an organization.
Negotiable Instruments
Financial instruments that are transferable by endorsement or delivery, allowing the holder to take possession of the funds, such as checks or promissory notes.
UCC
The extensive legal provisions of the Uniform Commercial Code cover all forms of commercial transactions occurring in the United States.
Commercial Transactions
Deals or agreements between parties that involve the exchange of goods, services, or funds in the course of business operations.
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