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EXCHANGE RATE RISK Definition

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EXCHANGE RATE RISK, in foreign exchange, is the variability of a firm's value due to uncertain changes in the rate of exchange.

 

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DOUBLE DIPPING is two incomes received from the same source (as by holding a government job and receiving a government pension.

CONSIGNMENT STOCK is vendor supplied stock that is only paid for when it is used. Consignment stock should change nothing except cash flow. Holding any more stock than is necessary is always inefficient whether it is consignment stock or not.


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