value of contract
51Optimum contract and par contract — are two closely related (and sometimes confused) terms in the card game contract bridge: Optimum contract The optimum contract is that contract which offers the best chances, in unopposed bidding, of gaining bonus points for part score, game or… …
52tick value — The monetary value that a one tick movement on one futures contract represents, i.e. the profit or loss that such a price movement causes. Tick value is the product of multiplying the tick by the contract size. For example, if the tick for a… …
53Fair Value — 1. The estimated value of all assets and liabilities of an acquired company used to consolidate the financial statements of both companies. 2. In the futures market, fair value is the equilibrium price for a futures contract. This is equal to the …
54Residual value — is one of the constituents of a leasing calculus or operation. It describes the future value of a good in terms of percentage of depreciation of its initial value.Example: A car is sold at a list price of $20,000 today. After a usage of 36 months …
55fair value — An accounting term defined by FASB. The amount at which an asset could be bought or sold in a current transaction between willing parties, that is, other than in a forced or liquidation sale. Quoted market prices in active markets are the best… …
56Parametric contract — A parametric contract is financial or investment contract that is based on two independent variables. Similar to parametric plotting in mathematics, where two independent variables decide the location of a point, parametric contract uses two… …
57English contract law — is an influential system regulating the law of contract that operates in England and Wales. Its doctrines form the basis of contract law across the Commonwealth, including Australia, Canada, India, New Zealand and South Africa and more generally… …
58Option contract — Contract law Part …
59Commuted cash value — refers to the present value of an annuity after annuitization. This differs from typical cash value; if a commuted cash value is stipulated in an annuity contract, this allows the owner of the annuity to cash the contract in, even after… …
60for value received — A phrase used in a promissory note, bill of exchange, or other contract to show that some consideration (money or other value) has been given in exchange for whatever the contract requires. Category: Bankruptcy, Foreclosure & Debt Category:… …
