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It is an agreement to buy or sell a standard quantity of a commodity or a security - such as gold, $US or bank bills of exchange - on a specific future date at an agreed price determined at the time the contract is traded on the futures exchange.
It is a binding contract, enforceable at law. Futures contracts are traded by open outcry on the floors of most futures exchanges, although the computer age has seen the spread of screen trading.
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What does currency future trading mean?
A currency future means to trade one currency for another in the future at a price that has been determined on the purchasing date. This is a future contract, not one that occurs right away.
What are the differences between a forward contract a future contract and options?
1) forward contract is not standardised one..it is only traded in OTC(over the counter) where as future contract is a standardised one it is traded in Secondary Market
What best explains what a future's contract is?
A futures contract is a contract setting the price and date for a commodity purchase.
Can future inheritance be subject of a contract of sale?
In most cases, future inheritance cannot be subject to a contract of sale as it is not considered a present asset or property owned by the individual at the time of the contract. Future inheritance is uncertain and contingent on the death of the benefactor, making it difficult to legally include in a contract.
What best explains what a forward contract is?
A contract to deliver a particular commodity to a buyer sometime in the future.
On a bankruptcy filing form schedule g what does it mean exec contracts?
An executory contract is one which is to be performed in the future and for which the debtor will be paid when it is performed. If a contractor has a signed agreement to build a house for someone next year, that is an executory contract.
What are the selling stock options?
Stock options are a contract specifying a contract for a future purchase between two parties. The buyer has the option to buy at a future date and the seller, the obligation.
What does the term "reserved" mean in a contract?
In a contract, the term "reserved" typically means that certain rights or actions are being held back or saved for later use. It indicates that specific provisions or conditions are being set aside for future consideration or implementation.
Whats a Sentence for the word abolish?
The two parties decided to abolish their existing contract and make a new contract in the future.
How does the provision inure to the benefit of successors and assigns in this contract?
The provision benefits future parties who may take over the contract.
What do you mean by contract?
contract is a aggrement between two party.
What does contract mean in muscle?
contract in science means to get smaller.
