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What happens to individuals who are not socialized?
Futures Contracts
Standardized legal agreements to buy or sell a particular commodity or financial asset at a predetermined price at a specified time in the future.
Marking-to-market
The practice of updating the value of an asset to its current market level rather than its book value for accounting purposes.
Settlement Day
The specific day on which the transfer of securities or commodities between buyer and seller is completed.
Swap Dealer
An individual or entity that acts as a counterparty in swap agreements, often in the derivatives and commodities markets.
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