Cost-Plus Contract

Business / Finance / Cost-Plus Contract: Applies to derivative products. Futures contracts trade in a 'cost-of-carry market' where the underlying commodity can be stored, insured, and converted into the future easily and inexpensively. Arbitrageurs, because of the ease of switching from the spot commodity to futures, will keep these markets in line with prevailing interest rates.

Other Words for Contract

Contract Adjective Synonyms: agreement, understanding, deal, bargain, arrangement, pact, commitment, obligation, compact
Contract Noun Synonyms: engage, agree, promise, covenant, undertake
Contract Verb Synonyms: catch, acquire, get, come down with, develop, become infected with, go down with
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Nexus (Of Contracts)

Business / Finance / Nexus (Of Contracts): A set or collection of something. MORE

No Capacity To Contract

Business / Real Estate / No Capacity To Contract: The inability of a person to enter into a valid contract under any circumstances. Such inability can arise when a person has been adjudicated insane or is an officer of a corporation who is not author MORE

Next Futures Contract

Business / Finance / Next Futures Contract: The contract settling immediately after the nearby futures contract. MORE

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