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What Is the Physical Design Stage of the Systems Development

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What is the physical design stage of the systems development life cycle?


Definitions:

Futures Price

The agreed-upon price for the future delivery of an asset such as a physical commodity or a financial instrument, as determined in the futures market.

Creation

The process of originating something new or bringing something into existence, often used in contexts ranging from art to finance.

Futures Contract

A legal agreement to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future.

Margin

The difference between the selling price of a product and the cost of producing or purchasing it, or the collateral required to secure a loan or derivative position.

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