It can be an initial public offering or an offering of issues by companies that are already public. A condition that permits a company to depart from the strict terms of a contract because of an event or effect that can't be reasonably anticipated or controlled. A currency exchange contract that traders have agreed upon for a future date. Trade, usually at the current price, in which actual delivery and settlement is made at a future date. Forward trade occurs in the commodity, foreign exchange, stock, bond and futures markets.
Employers frequently add matching contributions up to a set limit.
Employees are responsible for managing the money themselves, allocating the funds among a selection of stock, bond and cash investment funds. Investment gains are not taxed until the money is withdrawn. A retirement-savings plan for employees of colleges, hospitals, school districts and nonprofit organizations. Employees manage the money themselves, selected from fixed and variable annuities, and mutual funds. Investment gains are not taxed until the money is withdrawn.