Examlex
The price is determined when the offer is accepted. In some cases, price __________ clauses are used in a contract.
Financial Intermediation
A process where financial institutions serve as intermediaries between savers and borrowers, facilitating the flow of funds in the economy.
Intermediaries
Entities that act as middlemen in transactions, facilitating trade between buyers and sellers without owning the product.
Index Funds
Index funds are investment funds that replicate the portfolio of a specific index, aiming to achieve similar returns to the index they track.
Credit Risk
The potential for loss due to a borrower's failure to make payments on any type of debt.
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