Examlex
The index of refraction of a certain glass is measured to be 1.5.What is the speed of light in that glass? (c = 3.0 × 108 m/s)
Futures Price Quote
A statement of the current market price for a futures contract, which is an agreement to buy or sell an asset at a future date at an agreed-upon price.
Expire
To come to an end or cease to be valid, as in the expiration of a contract, policy, or agreement.
Spot-Futures Parity
A financial theory stating that the spot and future prices of a commodity, currency, or security will converge at the futures contract's expiration.
Violation
An instance of failing to comply with a set rule, regulation, or standard.
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