The price of an asset. The value of a currency traded in the forex market is always expressed relative to that of another currency like the U.S. dollar, and so currencies generally trade in pairs. Perhaps a more objective means of assessing the value of a currency might be to determine how many units are required to purchase a given amount of a hard currency like gold or silver.
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irredeemable bond
present value
Current Dollars
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compound journal entry
immediate or cancel (IOC)
Federal Home Loan Bank System (FHLBS)
split commission