Examlex
Tandem and ovoids are used to treat which of the following?
Forward Contracts
Financial derivatives contracts between two parties to buy or sell an asset at a specified future date for a price agreed upon today.
Option Contracts
Financial derivatives that give the buyer the right, but not the obligation, to buy or sell an asset at a specified price on or before a certain date.
Financial Liabilities
Obligations that require an entity to pay money or deliver financial assets to another party in the future, which can arise from borrowing, purchasing goods or services on credit, or issuing bonds.
Bank Overdraft
A facility allowing an entity to withdraw more money from a bank account than has been deposited, within a previously agreed limit.
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