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Futures Contracts Require That the Purchaser Deposit an Initial Sum

question 59

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Futures contracts require that the purchaser deposit an initial sum as collateral. This deposit is called a:


Definitions:

Quiet Evenings

Periods of time characterized by a lack of noise and activity, often considered peaceful or tranquil.

Utility

In economics, the satisfaction or benefit derived by consuming a product or service.

Pumpkin Pie

A traditional American dessert made from a spiced pumpkin-based custard filling in a pie crust, often served during fall and Thanksgiving.

Want

A desire for goods or services that are not necessary for basic survival but are perceived as desirable.

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