Examlex
Which of the following does not mean the same as the other three?
Spot Rate
The current market price used for immediate settlement of a currency, security, or commodity transaction.
Hedge Accounting
An accounting method that modifies the normal treatment of gains and losses from hedging activities so that they are recorded in the same period as the offsetting gains or losses on the hedged item.
Foreign Currency Firm Commitments
Agreements to execute a financial transaction in a foreign currency at a future date, at a predetermined rate or price.
Cash Flow Hedge
A form of hedge accounting that aims to reduce the exposure to variability in cash flows related to a specific risk.
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