A _________ contract is a contract between two parties where both parties agree to buy and sell a particular asset of specific quantity and at a predetermined price, at a specified date in future.
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A future contract is a contract between two parties where both parties agree to buy and sell a particular asset of specific quantity and at a predetermined price, at a specified date in future..
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FUTURE CONTRACT
- A Future contract is a contract between two parties where both parties agree to buy and sell a particular asset of a specific quantity and at a predetermined price, at a specified date in the future.
- A future Contract is an agreement or a bond signed by two or more parties where both the parties agree to enter into a transaction at a specified time in the future the price, time, and quantity are predetermined.
- Such contracts need to be prepared with specific details and a specified timeline with a specified expiry date, trade cycle, and settlement date.
- Equity Features and all the other details are to be mentioned and specified in advance.
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