Examlex
The recommended data architecture for an ERP includes separate operational and data warehouse databases.
Hedging
A maneuver or contract that eliminates risk from a transaction. In international trade, eliminating exchange rate risk by purchasing a forward contract for delivery of foreign exchange at a specified rate at a specified time.
Settlement Date
The day when a trade is finalized, and the buyer must pay for the securities.
Floating Exchange Rate
A currency's value is allowed to fluctuate according to the foreign exchange market without direct government control.
Currency
A system of money in general use in a particular country.
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