Examlex
Distributions of 20-25% or greater of outstanding shares are generally to be treated as stock splits.
International Fisher Effect
The International Fisher Effect is a theory that suggests differences in nominal interest rates in different countries are directly proportional to changes in the exchange rate between their currencies.
Spot Exchange Rate
The current exchange rate at which one currency can be immediately exchanged for another currency.
Purchasing Power
The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.
Spot Trade
A financial transaction for the immediate exchange of a commodity or currency at the current market price.
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