A Forward Contract Is

question 81

Multiple Choice

A forward contract is:

• A)The right to sell something in the future.
• B)An obligation to buy or sell something in the future.
• C)A debt instrument.
• D)The right to buy something in the future.

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Definitions:

Centrist Judges

Judges who hold moderate views, avoiding extreme positions or decisions in the interpretation of law.

Certificate Of Deposit

A savings certificate issued by a bank to a person depositing money for a specified length of time at a fixed interest rate.

Bond

A financial instrument representing a loan made by an investor to a borrower, typically a corporation or government.

Stock

The goods or merchandise kept on the premises of a shop or warehouse and available for sale or distribution.