Contract

Contract for Difference - The contract for difference is also known as CFD.

contractor one who contracts to do work for another. An independent contractor makes an agreement to do a specific piece of work, retaining control of the means and method of doing the job; ...

contract of affreightment Definition Binding agreement which sets forth the obligations and rights of the owner of a vessel (aircraft or ship) and a merchant.

Contract A legally binding agreement between two or more competent parties fixing the precise terms and details for a voluntary exchange of goods or services over which the contracting parties possess property rights.

contract for deed Definition 1. A contract in which a property title is transferred only after the buyer makes a certain number of monthly payments. also called contract sale.

contraction Definition A period of general economic decline. Contractions are often part of a business cycle, coming after an expansionary phase and before a recession. Related Terms ...

Contracts "A contract is a promise or a set of promises for the breach of which the law gives a remedy, or the performance of which the law in some way recognizes as a duty." ...

contractual interest rate The interest rate specified or stated in a note payable or in a bond payable. Often this rate is fixed and will not change during the life of the note or bond. » For more clarity on this term: ...

Contractors are by and large good adaptors. Given the variety of people and managers we work with, we've learned how to adopt an organization's culture and work within the parameters we're given.

Contracting Out Of SERPS Additional Services Company Reports - get free company reports here! Stocks & Shares ISAs - look for the best ISA online Insurance - need home, travel or car insurance?

Contract in TutorGig Encyclopedia top Home - Add TutorGig to Your Site - Disclaimer ...

Contract chicanery is the practice of lenders and brokers to slip disadvantageous provisions to the borrowers in the mortgage contract without bringing them to the borrowers' attention.

Contracts may be enforceable by law or they may not. The example of the agreement between the parent and child would not be enforceable by law whereas the agreement for a loan likely would be enforceable by law.

Contracts which have been bought or sold without the transaction having been completed by subsequent sale or purchase, or by making or taking actual delivery of the financial instrument or physical commodity.

Land Contract A contract used in the sale of real property when the seller wishes to retain legal title until all or a certain part of the purchase price is paid by the buyer.

Futures Contract An exchange traded agreement to buy or sell a particular type and grade of commodity for delivery at an agreed upon place and time in the future. Futures contracts are transferable between parties.

forward contract A trade that is agreed to at one point in time but will take place at some later time. futures spread A long-short futures position. managed futures Portfolios of forwards or futures managed as an "alternative asset category." ...

Any contract that grants the holder residual interest in the assets of an entity after deducting all of its liabilities. Equity instruments have no fixed requirements for payment of dividends or repayment of capital, unlike a financial liability.

The contract issuer assumes the risk that you could outlive your life expectancy and therefore collect income over a longer period than it anticipated. You take the risk that the insurance company will be able to meet its obligations to pay.

Futures contracts, when they trade on regulated futures exchanges, obligate you to buy or sell a specified quantity of the underlying product for a specific price on a specific date.

Commodity futures contract Commodity Futures Trading Commission (CFTC) Commodity indices ...

CONTRACTION: A phase of the business cycle characterized by a general period of declining economic activity. A contraction is one of two basic business cycle phases. The other is expansion.

Contract: A legally binding document in which the buyer agrees to purchase specific property and the seller agrees to sell under stated conditions.

Contract 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.

Contracts such as options and futures whose price is derived from the price of the underlying financial asset. Personal Finance Headlines SEARCH: ...

Contractual arrangement used in some states under which a buyer purchases real estate from a seller over a period of time, usually by making periodic installment payments. Title is not conveyed to the buyer until the final payment is made.

Contractual agreement where for the payment of a premium a buyer acquires a guaranteed interest rate ceiling for an agreed period.

Contracting work carried out at sea (e.g. drilling for oil). Oil Bulk Ore Vessel Abbreviation: OBO-Vessel ...

contract rate or effective rate If a bond is issued at a premium, what relation will interest expense bear to the amount of cash paid for interest each period over the life of the bond? greater than or less than ...

Contractually liable - Those parties who are expressly obligated to repay all debts arising on an account bt reason of an agreement to that effect.

Contract note Confirmation from a broker of the deal that has just been done. Convertibles Corporate bonds or preference shares that can be converted into ordinary shares at a set price on set dates.

Contractor Team Arrangement - An arrangement in which (a) two or more companies form a partnership or joint venture to act as potential prime contractor; ...

Contract for Deed - A type of installment sale whereby the buyer makes monthly payments on property and receives the deed upon the final payment.

CONTRACT A binding legal agreement between two or more parties that outlines the conditions for the exchange of value (for example: money exchanged for title to property).

Contract - an agreement, either oral or in writing, in which two or more parties agree to do somthing in exchange for payment or other consideration. Conventional Mortgage - a mortgage not insured by any federal agency.

Contractual agreement instigated when the drawee of a time draft "accepts" the draft by writing the word "accepted" thereon. The drawee assumes responsibility as the acceptor and for payment at maturity. See: Letter of credit and banker's acceptance.

Contract between a seller and buyer for the sale of goods, services, or both. Sales forecast ...

Contracts for future delivery based on the development of a share or price index within a specified period. See also Financial futures; share index. Français: Indice sur les contrats à terme Español: Indice de futuros Indirect quote: ...

CONTRACTUAL PLAN A program in which a legal vehicle (plan company or participating unit investment trust) agrees to invest a fixed amount in a fund at regular intervals for 10 or 15 years.

Contract that grants title of merchandise to the holder, which allows banks to use the merchandise as collateral. Negotiable certificates of deposit Large-denomination bank certificates of deposit that can be traded.

contractionary fiscal policy A policy to decrease governmental spending and/or to increase in taxes. See also fiscal policy. contractionary monetary policy A policy to restrict the growth of money and credit in the economy. See also monetary policy.

Contract - A legally enforceable promise or set of promises that must be performed and for which, if a breach of the promise occurs, the law provides a remedy.

Contract: An agreement regarding mutual responsibilities between two or more parties. Controllable expenses: Those expenses that can be controlled or restrained by the business person.

CONTRACTUAL PLAN " A method of purchasing mutual funds where the investor signs a contract to make equal monthly payments for a period of years. They are referred to as front-end load plans since the sales charge during the first year is 50%.

Contract size The amount of the underlying asset covered by the option contract. This is 100 shares for one equity option unless adjusted for a special event, such as a stock split or a stock dividend, or otherwise special by the listing exchange.

Contractual Plan: Program to accumulate mutual fund shares by regularly investing a fixed amount over a 10- or 15-year period.

CONTRACT CARRIER Any carrier engaged in interstate transportation of persons/property by motor vehicle on a for-hire basis, but under continuing contract with one or a limited number of customers to meet specific needs of each customer.

Contractual Plan: An arrangement whereby an investor contracts to purchase a given amount of a security by a certain date and agrees to make partial payments at specified intervals.

Contractor: one who contracts to do something for another. For example, in construction, a specialist who enters into a formal construction contract to build a real estate structure or handle renovations, ...

Contracts negotiated between two or more governments, in which the exporting nation undertakes to ensure that international trade in specified "sensitive" products will not disrupt, threaten, ...

Contractionary gap The gap that exists whenever the equilibrium level of real national income per year is less than the full-employment level as shown by the position of the long-run aggregate supply curve. Also known as a recessionary gap.

Contract Prospectus A disclosure document required by the U.S. Securities and Exchange Commission that describes the features and risks of investing in a registered variable insurance product (for example, a variable annuity).

CONTRACT OWNER:  The individual or entity that applies for and purchases an annuity contract and is responsible for funding the annuity.

CONTRACTING PARTY A country or economic entity that has adhered to the General Agreement on Tariffs and Trade, thereby accepting the body of specified obligations and benefits contained therein.

Contract (Trading): The basic unit in derivatives trading. With stocks, a contract usually represents 100 shares of the underling security. Contractual Price: ...

Contract An agreement between individuals, companies or other entities which binds each party and is legally enforceable.

Contract Carrier Excluding common carriers, any person who under contract will transport passengers or goods for agreed upon compensation. Convertibility ...

Contractual Services Services rendered to the City by private firms or other City departments. These services can include expenses such as utilities, rentals, printing, internal service charges and repairs.

CONTRACT OWNER The person who has the right to control an annuity. This person may or may not be the person who purchased the annuity. CONTRIBUTORY PLAN ...

Contract Size of an Equity Option The amount of the underlying asset covered by the options contract. This is 100 shares for one option unless adjusted for a special event, such as a stock split or a stock dividend.

See also: Market, Money, Account, Trade, Invest