FUNCTIONAL CURRENCY
- Anna K.
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Functional currency represents primary economic environment where an entity generates and spends cash.
Functional currency represents primary economic environment where an entity generates and spends cash.
Quantity theory of money is a theory that suggests that changes in price relate to changes in money supply.
A quanto swap is a cross-currency, cash-set interest rate swap, where one of the parties pays a foreign interest rate of the other party.
A capped fund is a fund with certain and stated maximum limitations including in its investing or expense structure.