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What Is the Difference Between a Spot Exchange Rate and a Forward

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What is the difference between a spot exchange rate and a forward exchange rate?


Definitions:

Credit Sales

Sales made by a business where the payment is received after the service or product has been delivered.

Cash Collections

The process of gathering all actual cash received by a company from its various sources, including sales, loans, investments, and other incomes.

Financial Manager

A professional responsible for managing a company's financial health by developing strategies, planning, and overseeing investment activities.

Cash Collections

The process of gathering and managing incoming cash payments from customers or clients.

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