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Prices Rise
An economic phenomenon where the general level of prices for goods and services increases over time.
Futures Contract
An arrangement, enforceable by law, where individuals agree to trade a specified commodity or financial instrument at a previously established price, to be fulfilled at a specified time ahead.
Forward Contract
is a non-standardized contract between two parties to buy or sell an asset at a specified future date for a price agreed upon today.
Settlement Date
The date on which a trade is finalized, and the buyer must make payment and the seller must deliver the asset.
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