Examlex
Which of the following wholesale services offered by FIs to businesses allows the FI to combine the e-mail capabilities of the internet with the FIs ability to process payments electronically through the interbank payment networks?
Futures Contract
Agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Corn
A cereal plant that yields large grains, or kernels, set in rows on a cob; often grown as food for humans and fodder for animals.
Futures Price
The agreed-upon price for a financial instrument or commodity to be delivered and paid for at a future date.
Orange Juice
A liquid extract of the orange tree fruit, consumed as a beverage or used in culinary dishes and as a commodity traded on futures markets.
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