Examlex
Most states do not permit a so-called common-law marriage within their borders,even though all states must recognize (treat as valid)a common-law marriage that was legally created in another state.
Floating-Rate
An interest rate that fluctuates in response to market conditions or an index.
Currency Swap
Involves an agreement to exchange principal and interest in one currency for the same in another currency.
Foreign Currency Approach
A method used in global finance and investment analysis that involves evaluating investments or financial statements in a foreign currency.
Net Present Value
The difference between the present value of cash inflows and the present value of cash outflows over a period of time, used to evaluate the profitability of an investment.
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