SPOT RATE Definition

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SPOT RATE is the price at which a currency can be purchased or sold and then delivered within two business days, e.g., spot dollar.

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ARTICULATION, in business, is the shape or manner in which things come together and a connection is made. In the spoken word, it is expressing in coherent verbal form.

M2 is a measure of the U.S. money supply that includes M1, plus savings and small time deposits, overnight repos at commercial banks, and non- institutional money market accounts. M2 is a key economic indicator used to forecast inflation.

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