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.
FAIRNESS OPINION is an investment banker's professional opinion as to the price an acquiring firm's is offering in a takeover or merger.
CORE COMPETENCY is a specific factor that a business believes as being central to the way it, or its employees work. A core competency normally fulfils three key criteria:
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