Examlex
Which of the following is not a LESCANT factor?
Money
A medium of exchange that is authorized or adopted by a government as part of its currency.
Futures Contract
A binding contract that stipulates the buying or selling of a certain financial instrument or commodity at a price fixed in advance, with the transaction to be executed at a predetermined future time.
Forward Contract
A personalized deal between two parties to exchange an asset at a set price on an agreed future date.
Settlement Date
The date on which a trade or transaction must be finalized, with the buyer delivering payment and the seller delivering the asset.
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