Examlex
Which type of table is an excellent candidate for improvement to second normal form?
Futures Contract
A contractual agreement regulated by law, specifying the sale or purchase of an item at a fixed price, to be executed at a later date.
Spot Price
The immediate market value at which certain assets, like commodities, currencies, or securities, are available for purchase or sale with instant delivery.
Liquidate
The process of converting assets into cash or equivalent by selling them, often used in the context of closing a business or paying off debts.
Profits
The financial gain obtained when the amount earned from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
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