Contract month


 

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Contract month

The month in which futures contracts may be satisfied by making or accepting a delivery.

Contract month

The specified month to which a futures or options contract refers. This is the month when the specified instrument is delivered in exchange for cash settlement.



Similar Matches

Retirement annuity contract (RAC)

Retirement annuity contract (RAC)

Prior to 30th June1988, people not in pensionable employment (employment where no pension scheme exists) or people who were self employed were able to qualify for tax relief for contributions made to a pension scheme known as a retirement annuity under sections 226 of the Income and Corporation Taxes Act 1970. Although RACs were replaced by personal pension plans from 1st July 1988 those already in force may continue to operate.


Bank Investment Contract (BIC)

Bank Investment Contract (BIC)

Interest guaranteed by the bank in a Interest over a specific time frame with a specific Interest.


Contract of insurance

Contract of insurance

A contract between an insurer and the insured. The insurer agrees to pay money to the insured upon the occasion of given events in return for a single premium or regular premiums.


Foreign currency forward contract

Foreign currency forward contract

Agreement that obligates its parties to exchange given quantities of currencies at a prespecified exchange rate on a certain future date.


Guaranteed investment contract (GIC)

Guaranteed investment contract (GIC)

 A pure investment product in which a life company agrees, for a single premium, to pay at a maturity date the principal amount of a predetermined annual crediting (interest) rate over the life of the investment.


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