Examlex
Identify the following terms.
-Nicholas 2 and Alexandra
April Futures Price
The agreed-upon price for a futures contract that is set to settle in April, representing the price of an asset at that future date.
Profit
The financial gain realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Silver Future
A contract to buy or sell a specific amount of silver at a predetermined price at a specified time in the future, used as a financial instrument for speculation or hedging.
Spot Price
The current market price at which a particular asset, such as a commodity or currency, can be bought or sold for immediate delivery.
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