Examlex
As mentioned in the text, the most common maturities for forward rates are:
Inventory
Goods and materials held by a business for the purpose of sale or production.
Trade or Business
Trade or Business refers to any activity conducted for profit or livelihood, including goods and services production, buying, selling, or providing services.
Ordinary Loss
A loss incurred in the regular operation of a business or the sale of assets used in the business that can be fully deducted in the year it occurs.
Capital Loss
The loss incurred when a capital asset is sold for less than its purchase price.
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