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| Definition Of: |
contract
A legally enforceable agreement between two or more parties for performing, or refraining from performing, some specified act; e.g., delivering 5,000 bushels of corn at a specified grade, time, place, and price.
A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange.
When acts or rights are agreed to by parties that are considered to be competent; a meeting of the minds.
An agreement between two or more persons or entities which creates or modifies a legal relationship. Generally based on offer and acceptance.
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Financial Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 A: Page 1 of 129.
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