What's it: A contract is a legally enforceable agreement between two or more parties. A contract establishes a relationship between the parties who agree to do or refrain from doing some act now or in the future. A contract may also specify how
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Derivatives: Examples, Purposes, Major Players, Markets For Transactions
What's it: Derivatives are financial instruments whose value is derived from one or more underlying assets. To put it another way, the price depends on the underlying asset. Thus, price fluctuations in the underlying asset ultimately