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What Are the Similarities and Differences Between Forwards and Futures

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What are the similarities and differences between forwards and futures?


Definitions:

Contributed Income

Financial support received by an organization from donations, grants, or philanthropic gifts, as opposed to revenue generated from sales or services.

Financial Ratio

A quantitative analysis used to evaluate a company's financial performance, liquidity, leverage, and efficiency by comparing two financial figure.

Program Expenses

The costs directly associated with carrying out an organization’s mission-related activities, as opposed to administrative or fundraising expenses.

Permanent Restriction

A binding condition or stipulation that indefinitely limits the use of an asset or the execution of an action.

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