A Futures Contract Is "Marked-To-Market" Weekly to Reflect the Current

question 39

True/False

A futures contract is "marked-to-market" weekly to reflect the current market price of the contract.This means that one or the other party has to make a cash payment to the exchange at the end of each week.

---

Definitions:

Id

The Id is the part of the personality in Freudian psychoanalysis that contains innate biological instincts and urges, operating on the pleasure principle.

Personality

This refers to the individual differences in characteristic patterns of thinking, feeling, and behaving.

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Superego

In psychoanalytic theory, the part of a person's mind that acts as a self-critical conscience, reflecting social standards learned from parents and teachers.