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Loan Preference Principle |
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Loan Preference Principle The theory that a covered loan is less expensive when its cost is calculated in one currency, it will also be less expensive in all other currencies. Loan Preference Principle In foreign exchange, a theory that if a covered loan is less expensive than another loan in one currency, it will be less expensive in all other currencies. See also: Purchasing Power Parity. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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