Lagging refers to the delay of payment by a subsidiary if the currency denominating the payable is expected to depreciate.

Name: Lagging refers to the delay of payment by a subsidiary if the currency denominating the payable is expected to depreciate.
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Lagging is a strategy used to delay payment by a subsidiary if the currency in which the payable is denominated is expected to depreciate. By delaying payment, the subsidiary can avoid losses due to currency fluctuations.

Lagging Refers to the Delay of Payment by a Subsidiary