Forward Contracts Are Marked-To-Market on a Daily Basis

question 44

True/False

Forward contracts are marked-to-market on a daily basis.

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Definitions:

Adjacent Side

In a right-angled triangle, the side that is next to the angle in question, but is not the hypotenuse.

Opposite Side

In geometry, the side facing or diametrically opposed to a reference side in a shape or figure.

Inches

A unit of length measurement in the Imperial and United States customary systems, equivalent to 1/12th of a foot or 2.54 centimeters.

Hypotenuse

The side opposite the right angle in a right-angled triangle, which is also its longest side.