Bullet contractA guaranteed investment contract purchased with a single (one-shot) premium. Related: Window contract.
Economic contractionEconomic contraction
The downward phase of the business cycle, in which GDP is falling and unemployment is rising over time.
Oral contractOral contract
A contract not recorded on paper or on computer, buy made vocally which is usually enforceable.
Delegation by one firm of a portion of its production process, under contract, to another firm, including in another country. An example of fragmentation.
Commodity futures contractCommodity futures contract
An agreement to buy a specific amount of a commodity at a specified price on a particular date in the future, allowing a producer to guarantee the price of a product or raw material used in production.
Contracted out money purchase schemeContracted out money purchase scheme
See 'pension plan'.
Further SuggestionsUnderlying futures contract
Take or pay contract
Interest rate futures contract
Conditional Sales Contract
Forward foreign exchange contract
Conditional sales contracts
Cash settlement contracts
Guaranteed investment contract (GIC)
Nexus (of contracts)
Set of contracts perspective
Breach of contract
Cost plus contract
contracts for difference
contract of insurance