Examlex
The photoelectric effect occurs when electrons are emitted when light strikes the surface of a metal.
Foreign Exchange Fluctuations
Variations in the value of one currency relative to another, impacting international trade and investments.
Spot Rate
The current market price for immediately exchanging one currency for another.
Forward Contract
A binding financial agreement to buy or sell an asset at a predetermined future date and price.
Journal Entries
The foundation of the double-entry bookkeeping system, journal entries record all financial transactions in a company's accounting system.
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