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A Futures Contract Is a Specialized Form of a Forward

question 96

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A futures contract is a specialized form of a forward contract distinguished by an organized exchange which encourages confidence in the futures market by allowing for the effective regulation of trading.


Definitions:

Semantic Memory

A type of long-term memory that involves the capacity to remember meanings, concepts, and factual information.

Episodic Memory

The type of long-term memory that involves the recollection of specific events, situations, and experiences.

Semantic

Relating to meaning in language or logic, especially the meanings of words and phrases in context.

Episodic

Pertaining to or comprising events that are distinct and separate; often used to describe types of memory that involve recalling specific events from the past.

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