delivery contract
91Minimum Price Contract — A forward contract with a provision guaranteeing a minimum price at delivery of the underlying agricultural commodity. Minimum price contracts provide certainty for some investors wishing to hedge their positions. As a bare minimum, price is… …
92taking delivery — Receiving actual delivery of commodity under futures contract or spot market contract, or of securities recently purchased …
93Physical Delivery — Term in an options or futures contract which requires the actual underlying asset to be delivered upon the specified delivery date, rather than being traded out with offsetting contracts. Most derivatives are not actually exercised, but are… …
94futures contract — see contract Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. futures contract n …
95performance contract — ➔ contract1 * * * performance contract UK US noun [C] ► HR, LAW a legal agreement in which one organization agrees to pay another when they successfully finish the project or task they were employed to do: »The street lighting service is… …
96futures contract — / fju:tʃəz ˌkɒntrækt/ noun a contract for the purchase of commodities for delivery at a date in the future COMMENT: A futures contract is a contract to purchase; if investors are bullish, they will buy a contract, but if they feel the market will …
97constructive delivery — A symbolic delivery whereby the party to whom delivery is made is clothed with all the usual muniments of title and indicia of ownership, as in the case of the deposit of a warehouse receipt or bill of lading for goods in store or in transit. 46… …
98executory contract of sale — A contract, the terms and conditions of which must be performed before title passes. 46 Am J1st Sales § 412. A land contract under which the execution and delivery of a further instrument is necessary for the passing of title to the purchaser. 55 …
99special delivery — noun mail that is delivered by a special carrier (for an additional charge) • Hypernyms: ↑mail * * * noun [noncount] : a special service that delivers mail more quickly than usual for an extra fee She sent him a letter by special delivery. * * *… …
100Notional principal contract — The term notional principal contract (NPC) is a term of art used by U.S. federal income tax professionals for contracts based on an underlying notional amount (other financial services professionals refer to such NPCs under the more general… …
