Examlex
In November of 2005 it was discovered that many of the new CDs distributed by Sony BMG installed software when they were played on a computer.The software was intended to protect the CDs from copying.Unfortunately,it also made the computer vulnerable to attack by malware run over the Internet.The scandal and resulting backlash was very costly.The software installed by the CDs is a
Exchange Rate
The price of one country’s currency expressed in another country’s currency.
Currency Swap
A financial agreement to exchange principal and/or interest payments of a loan in one currency for equivalent amounts in another currency.
Exchange Rate Risk
The potential for investors to experience losses due to changes in currency exchange rates.
Interest Rate Swap
A financial derivative agreement between two parties to exchange one stream of interest payments for another, based on a specified principal amount.
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