A Small Commitment Fee Needed to Purchase a Futures Contract

question 52

Multiple Choice

A small commitment fee needed to purchase a futures contract is called a _____.

• A) margin
• B) speculator
• C) short position
• D) long position
• E) marked-to-market

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Definitions:

Child Support Payments

Financial contributions required by law to be paid by a non-custodial parent to support the wellbeing and living expenses of their children.

Secured Creditors

Creditors who are given a security interest in an asset of the debtor, which provides them with the right to seize the asset if the debt is not repaid according to agreed terms.

Automatic Stay

A provision in bankruptcy law that halts actions by creditors to collect debts from a debtor who has declared bankruptcy.

Adequate Protection

A principle in bankruptcy law that ensures creditors receive protection against the depreciation of their collateral during a bankruptcy case.