What is Encyclopedia - What is Encyclopedia

Ex-Factory

Ex-Factory, or Ex-Works (EXW), is an INCOTERM, one of the 13 international commercial terms used to describe the responsibilities of buyers and sellers in an international trade transaction. Standardized trade terms have a long history to which INCOTERMs are a relatively recent addition. These terms were originally deployed by the International Chamber of Commerce (ICC)

Exchange Rate Volatility

Exchange rate volatility is a measure of the fluctuations in an exchange rate. It can be measured on an hourly, daily, or annual basis. Based on the assumption that changes in an exchange rate follow a normal distribution, volatility provides an idea of how much the exchange rate can change within a given period. Volatility

Exchange Rate Risk

Exchange rate risk refers to the risk of loss due to adverse movements in exchange rates. Currency exposure refers more broadly to the possibility that exchange rate changes will result in either a gain or a loss. These gains or losses can affect individuals, firms, or investors and reflect the impact of exchange rate changes

Exchange Rate

An Exchange Rate is the price of one national currency expressed in terms of another national currency. Put another way, the rate of exchange between two currencies, A and B, represents the amount of foreign currency B that can be obtained with one unit of domestic currency A (provided that such transactions are permitted). International

European Union

An international organization comprised of independent nations that share their sovereignty to be stronger and have a greater global influence, the European Union (EU) was created by the Maastricht Treaty (1992), and put into operation by 12 countries (Belgium, Denmark, France, the Federal Republic of Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal, Spain, and

European Monetary Union

The European Monetary Union (EMU) represents countries within the European Union that have agreed to have a common currency, the euro, and a common monetary policy. As of July 2008, 15 of the 27 countries that form the European Union were part of the EMU. The EMU is the culmination of the process that began

Ayurvedic medicine

A complementary, holistic approach to health based on ancient Hindu texts. It is traced back to the sages of ancient India. These rishis are believed to have discovered the principles of Ayurveda during deep meditation. These principles were codified in the Vedas (knowledge) that form the religious texts of Hinduism. The Atharva- Veda is the

avascular necrosis

Death of an area of bone marrow and bone resulting in loss of normal architecture. Avascular necrosis is not a specific disease but is the end result of any condition that decreases the circulation to an area of bone to the extent that the bone dies. AVN can occur in almost any bone but does

atrial myxoma

A rare, benign heart tumor that most often occurs in the left atrium. The diagnosis is often difficult because the symptoms of atrial myxoma can mimic other illnesses, including rheumatological conditions such as VASCULITUS. Symptoms include: 1. Systemic symptoms such as fever, weight loss, myalgia, and arthralgia. 2. Embolic symptoms that result from small fragments

assistive devices

These include any device that improves the functional capacity of someone with a disability brought about by a rheumatic disease. Disability in this context means the lack of ability to perform an activity in the manner or within the range considered normal for a human being. In the assessment of the impact of rheumatic diseases,