Examlex
iPod is the ____ of the MP3 player made by Apple, Inc.
Fixed Rate
Fixed rate refers to an interest rate that remains constant over the duration of a loan or deposit, not subject to change with market fluctuations.
Swap Contract
An agreement between two parties to exchange sequences of cash flows for a set period of time according to predetermined terms.
Forward Contract
An agreement customized for two individuals to either buy or sell a particular asset at a price decided upon for a future date.
Hedging
A strategy used to reduce or eliminate the risk of adverse price movements in an asset, often by taking an offsetting position in a related security.
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