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Explain the Differences Between a Forward Contract and a Futures

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Explain the differences between a forward contract and a futures contract.


Definitions:

Non-Decremental Fashion

Describes a process that does not decrease or diminish in size, importance, or intensity over time or distance.

Strength of Stimulus

A parameter that influences the magnitude of a physiological response, where greater stimuli typically induce stronger responses.

Glial Cells

In the central and peripheral nervous system, these are the non-neuronal cells that provide support and protection for nerve cells.

Macrophages

A kind of leukocyte that consumes and breaks down cell waste, external materials, microorganisms, and malignant cells through the process known as phagocytosis.

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