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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 weakening against the payer's currency. (Select the missing word below to complete the sentence) Leading Forward contract Lagging Matching - Previous

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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 weakening against the payer's
currency. (Select the missing word below to complete the sentence)
Leading
Forward contract
Lagging
Matching
- Previous

__ 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 - Previous

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VivienneProfessional · Tutor for 6 years

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Leading

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## Step1: <br />To solve this problem, we first need to understand the question. It's asking about a scenario where there's a requirement by a payee for immediate or short-term payment. Here, the payee's currency is losing value in comparison to the payer's currency. We need to select the correct term that best describes this scenario among the choices provided. <br /><br />## Step2: <br />Next, we compare the possible answers provided in the choices: "Leading", "Forward contract", "Larging", "Matching" and "Previous". Understanding each term individually will aid.<br /><br />## Step3: <br />"Leading" is a method in international trade used to reduce delays in currency payments. "Forward contract" is a customized contract between two parties, where payment takes place at a specific time in future at a price decided today. "Larging" isn't a recognised term in economics or finance, so it can't be the correct choice. "Matching" is a term used in accounting, where expenditure is matched against revenues in specific accounting period. "Previous" does not seem to relate (don't appear plausible). <br /><br />## Step4: <br />After understanding all these terms, we can see that "Leading" best fits the sentence and describes the scenario exhibited.
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