Contract and Devaluation: Difference between pages

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''Law.''
''Foreign exchange risk.''


A contract is a legally binding agreement between two parties.
A substantial decline in an exchange rate, usually effected in one go by government decree.
 
Essential elements of an enforceable contract under English law include offer and acceptance, consideration, and legal capacity to contract (together with other legal requirements).
 
 
The fundamentals of contract law are similar throughout the countries of Europe, the US and many other jurisdictions.
 
However, each jurisdiction has its own individual contract law and, although these may be similar in many respects, they can also be significantly different in essential elements, for example in relation to the requirement for [[consideration]].  




== See also ==
== See also ==
* [[Arbitration clause]]
* [[Exchange rate]]
* [[Assignment]]
* [[Foreign exchange risk]]
* [[Boilerplate]]
* [[Lagging]]
* [[Breach of contract]]
* [[Leading]]
* [[Capacity]]
* [[Plaza Accord]]
* [[Carve-out]]
* [[Condition]]
* [[Consensus in idem]]
* [[Consideration]]
* [[Contra proferentem]]
* [[Contracting]]
* [[Contractor]]
* [[Counter-offer]]
* [[Deal]]
* [[Documentation]]
* [[Eiusdem generis]]
* [[Engagement letter]]
* [[Exemption clause]]
* [[Express term]]
* [[Fit for purpose]]
* [[Force majeure]]
* [[Frustration]]
* [[Implied term]]
* [[Indemnity clause]]
* [[Insurance]]
* [[Invitation to treat]]
* [[Lease]]
* [[Liquidated damages]]
* [[Loan agreement]]
* [[Long term contracts]]
* [[Memorandum of understanding]]
* [[Minor]]
* [[Misrepresentation]]
* [[My word is my bond]]
* [[Negligence]]
* [[Open interest]]
* [[Performance]]
* [[Performance risk]]
* [[Privity of contract]]
* [[Repudiation]]
* [[Restrictive covenant]]
* [[Service agreement]]
* [[Smart contract]]
* [[Sweetheart deal]]
* [[Tort]]
* [[Trade]]
* [[Void contract]]
* [[Voidable contract]]
* [[Warranty]]
* [[Zero hours contract]]


[[Category:Treasury_operations_infrastructure]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]

Revision as of 15:59, 16 February 2019

Foreign exchange risk.

A substantial decline in an exchange rate, usually effected in one go by government decree.


See also