Basket

From ACT Wiki
Revision as of 18:49, 20 September 2019 by imported>Doug Williamson (Add link.)
Jump to navigationJump to search

1. Foreign exchange.

An artificial currency based on a mixture of actual currencies.


2. Documentation.

In borrowings documentation, an exception to a financial covenant or other restriction.

More commonly known as a carve-out.


3. Inflation.

A set of goods, services, or both, used for the calculation of an inflation index.


4.

Any other grouping or aggregation of items.

For example, for risk management purposes.


See also