Examlex
In the forward market the bid-ask spreads begin to ________ as the maturity date of the contract grows closer.
Energy Diagram
A graphical representation showing the energy levels of products and reactants during a chemical reaction and indicating the activation energy.
Transition State
A high-energy state during a chemical reaction where reactants are transformed into products, representing the maximum energy point along the reaction pathway.
Rate Determining Step
The slowest step in a chemical reaction mechanism that determines the overall rate of reaction.
Exothermic Reaction
A chemical reaction that releases energy in the form of heat or light, often making the surroundings warmer.
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