Examlex
The most effective disciplinary action addresses the employee's ________.
Spot Price
Spot Price is the current market price at which a particular asset, such as commodities, securities, or currencies, can be bought or sold for immediate delivery.
Futures Contract
A formalized agreement that obligates the purchase or sale of a specific commodity or asset at an agreed-upon price at a future date.
Forward Contract
A non-standardized agreement to buy or sell an asset at a future date for a price agreed upon today.
Daily Resettlement
The process in futures trading where the gains or losses of the day are calculated, and accounts are adjusted accordingly to reflect the market value.
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