TRANSACTION EXPOSURE Definition

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TRANSACTION EXPOSURE, in foreign exchange, is the possibility of incurring exchange gains or losses on transactions already entered into and denominated in a foreign currency. It is typified by real exchange gains or losses and mixes retrospective and prospective views. It is short-term in nature.

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INTEREST PAYABLE see PAYABLE.

PRODUCTIVITY is a measured relationship of the quantity and quality of units produced and the labor required per unit of time.

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