Explain the Difference Between a Forward Contract and a Futures

question 68

Essay

Explain the difference between a forward contract and a futures contract.

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Definitions:

Terrify

To cause someone to experience extreme fear.

Major Depressive Disorder

A mental health disorder characterized by persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities, significantly affecting daily life.

Manic Episodes

A period of abnormally elevated mood and high energy, often associated with bipolar disorder.

Significant Weight

A term often used to denote a weight that is of importance or consequence, possibly in a medical or personal fitness context.