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| Definition Of: |
Indexed Currency Option Note
An ICON is a debt repayment instrument whose value is partially determined by the exchange rate between two currencies. Interest payments, made in one currency, are lowered if the rate of exchange exceeds a pre-arranged rate.
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Transportation Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 2 3 4 5 6 A: Page 1 of 6.
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