Examlex
The fact that the exchange is the counterparty to every futures contract issued is important because it eliminates ________ risk.
Small Company
A business with a small number of employees and a low volume of sales compared to larger companies in its industry.
Positive Statement
A statement that can be tested and validated; it describes what is and not what should be.
Federal Government
The national government of a federal republic, which possesses certain powers at the national level while other powers are shared with or reserved for the states.
Interest Rates
The percentage charged on a loan or paid on savings, effectively the price of capital.
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