Examlex
An assumption of learning curves is that the time required to complete a unit will decrease at an increasing rate as the cumulative number of units completed increases.
Discount
To calculate the present value of some future amount.
Future
A standardized legal contract to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Forward Market
A marketplace for financial contracts that are agreed upon now but settled at a future date.
Premium
An amount paid in addition to a standard price, or the amount above the nominal or face value of a financial instrument.
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