A customer contract is a legally binding agreement between a business and its customer that outlines the terms and conditions of a transaction or service. It typically includes details such as the scope of work, payment terms, delivery timelines, and responsibilities of both parties. Customer contracts are essential for protecting the rights of both the business and the customer, ensuring clarity and accountability in the relationship. These contracts can take various forms, including service agreements, sales contracts, and subscription agreements.
Such contracts are settled within a short period of time . Usually the period allowed is twelve days and the settlement takes place on on the following settlement days .No postponement is allowed in case of ready delivery contracts. (SONA.P)
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It is the give and take about the clauses of the agreement. It means discussing the pricing, delivery terms and other aspects of the obligations.
Commodities are traded in futures markets in the US. These are companies that provide a platform for the buying and selling of promises to take or make delivery of a commodity in the future at a specified price. The contracts are fungible so that after buying (promise to take delivery) one can cancel by selling (a promise to make delivery). Commodities are traded in futures markets in the US. These are companies that provide a platform for the buying and selling of promises to take or make delivery of a commodity in the future at a specified price. The contracts are fungible so that after buying (promise to take delivery) one can cancel by selling (a promise to make delivery).
Open Interest is the total number of outstanding contracts that are held by market participants at the end of the day. It can also be defined as the total number of futures contracts or option contracts that have not yet been exercised (squared off), expired, or fulfilled by delivery.
True. Shops that submit their work after the deadline may face reduced payment as a consequence, as timely delivery is often a key requirement for maintaining contracts and agreements. Late submissions can disrupt schedules and affect overall project timelines, which may lead to penalties or lower compensation.
Supplier expectations refer to the specific requirements and standards that a company has for its suppliers in terms of quality, delivery, pricing, communication, and other aspects of the business relationship. These expectations are often outlined in contracts or agreements to ensure both parties are clear on their responsibilities and commitments. Effective management of supplier expectations is crucial for achieving a successful and mutually beneficial partnership.
A futures Executioner is a person that completes contracts between a buyer and a seller for the price and delivery of the stock or goods at a future date.
Single-stock futures In finance, a single-stock futures is a type of futures contracts between two parties to exchange a specified number of stocks in company for a price agreed today (the futures price or the strike price) with delivery occurring at a specified future date, the delivery date. The contracts are traded on a futures exchange
Similarities:1. Both are derivative securities for future delivery/receipt. Agree on P and Q today for future settlement or delivery in 1 week to 10 years.2. Both are used to hedge currency risk, interest rate risk or commodity price risk.3. In principal they are very similar, used to accomplish the same goal of risk management.Differences:1. Forward contracts are private, customized contracts between a bank and its clients (MNCs, exporters, importers, etc.) depending on the client's needs. There is no secondary market for forward contracts since it is a private contractual agreement, like most bank loans (vs. bond).2. Forward contracts are settled at expiration, futures contracts are continually settled, daily settlement.3. Most (90%) of forward contracts are settled with delivery/receipt of the asset. Most futures contracts (99%) are settled with cash, NOT the commodity/asset.4. Futures markets have daily price limits.
I know the guy here in Bloomington/Normal Illinois was making over 100K. He was an independent contractor and had been working for them for 20+years.