currency of a contract

CONTRACT — (Heb. חוֹזֶה, ḥozeh), in general law theory a legally binding agreement between two or more parties, in terms of which one party undertakes for the benefit of the other to perform or refrain from a certain act. As such, contract is the main… …   Encyclopedia of Judaism

contract — con·tract 1 / kän ˌtrakt/ n [Latin contractus from contrahere to draw together, enter into (a relationship or agreement), from com with, together + trahere to draw] 1: an agreement between two or more parties that creates in each party a duty to… …   Law dictionary

currency futures contract — contract specifying a standard volume of a particular currency to be exchanged on a specific settlement date. Bloomberg Financial Dictionary …   Financial and business terms

Contract Manager — is a construction accounting software suite developed by Explorer Software out of Vancouver, British Columbia. The software is modular based and can run on top of a Microsoft SQL Server. Contract Manager is best known for their international… …   Wikipedia

currency call option — contract that gives the holder the right to purchase a specific currency at a specified price ( exchange rate) within a specific period of time. Bloomberg Financial Dictionary …   Financial and business terms

currency put option — contract that gives the holder the right to sell a particular currency at a specified price ( exchange rate) within a specified period of time. Bloomberg Financial Dictionary …   Financial and business terms

Currency future — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… …   Wikipedia

contract — a legally binding agreement between two or more parties. Glossary of Business Terms A legally enforceable agreement between two or more parties for performing, or refraining from performing, some specified act; e.g., delivering 5,000 bushels of… …   Financial and business terms

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. The New York Times Financial Glossary * * * ▪ I.… …   Financial and business terms

Currency swap — Foreign exchange Exchange rates Currency band Exchange rate Exchange rate regime Exchange rate flexibility Dollarization Fixed exchange rate Floating exchange rate Linked exchange rate Managed float regime Markets Foreign exchange market Futures… …   Wikipedia

Currency Futures — A transferable futures contract that specifies the price at which a currency can be bought or sold at a future date. Currency future contracts allow investors to hedge against foreign exchange risk. Because currency futures contracts are marked… …   Investment dictionary