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__ Is a Requirement by a Payee for Immediate or Short-term Payment Where the Payee's Currency Representing the Basis of Settlement Is

Question

__ is a requirement by a payee for immediate or short-term payment where the payee's currency representing the basis of settlement is weakening against the payer's currency. (Select the missing word below to complete the sentence) Leading Forward contract Lagging Matching

Answer

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Verificación de expertos
Preston Veteran · Tutor for 12 years

Answer

Leading

Explanation

## The question asks about a financial term that describes a practice when the payee asks for immediate or short-term payment, especially when their currency is weakening against the payer's currency.## This practice is commonly known as "leading." Leading is a method used in foreign exchange management where payments are made and received early when anticipating that the payer's currency will appreciate or when the payee's currency is likely to depreciate.