value of contract
91Traffic contract — If a service (or application) wishes to use a broadband network (an ATM network in particular) to transport a particular kind of traffic, it must first inform the network about what kind of traffic is to be transported, and the performance… …
92cash surrender value — The cash value of a life insur ance policy as ascertainable by established rules, where the policy has been abandoned and given up for cancellation to the insurer by the person having a contractual right to do so. 29 Am J Rev ed Ins § 620; the… …
93for value received — An admission of the receiving of value by way of consideration. 29 Am J Rev ed Ins § 659. Importing, where used in a contract, that the promisor did receive something of some value. Sullivan v Lear, 23 Fla 463. Importing, where used in a deed, a… …
94Marketing contract — In United States agricultural policy, under a marketing contract, prices (or pricing mechanisms) are established for a commodity before harvest or before the commodity is ready for marketing. Most management decisions remain with the grower, who… …
95BAX Contract — A BAX contract is a short term investment instrument that uses a Canadian banker s acceptance (BA) as its underlying security. The specific BA underlying the contract has a nominal value of C$1 million and a maturity of three months. The… …
96BOBL Futures Contract — A futures contract with medium term debt that is issued by the Federal Republic of Germany as its underlying asset. The contract has a notional contract value of 100,000 euros, with a term to maturity of 4.5 to five years. Unlike most other types …
97impairment of obligation of contract — Within the meaning of the constitutional provision, known as the contract clause appearing in Article 1, Section 10, of the United States Constitution: the effect of a statute enacted subsequently to the making of a contract which annuls it or… …
98Current Index Value — The most recently published value of an underlying interest rate that is used to calculated the current payment index of an adjustable rate mortgage (ARM). The most commonly used indexes for ARMs in the United States are LIBOR, the 11th District… …
99Time Value — The portion of the option premium that is attributable to the amount of time remaining until the expiration of the option contract. Basically, time value is the value the option has in addition to its intrinsic value …
100Time value of an option — The portion of an option s premium that is based on the amount of time remaining until the expiration date of the option contract, and that the underlying components that determine the value of the option may change during that time. Time value… …
