Assertion: future contract | /r/HasProperty | standardized
Facets:
value: highly
type: DEGREE
value: between parties
type: OTHER
value: most importantly
type: DEGREE
value: in finance
type: LOCATION
value: with obligations
type: OTHER
Source sentences:
text: Futures contracts are standardized according to the quality, quantity, and delivery time and location for each commodity.
text: Futures contracts are standardized agreements or contracts with obligations to buy or sell a particular asset at a preset price with a future expiration date.
text: Futures contracts are standardized agreements or contracts with obligations to buy or sell a particular asset at a preset price with a future expiration date.
text: In finance, a futures contract (sometimes called, futures) is a standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, between parties not known to each other.
text: Most importantly, futures contracts exist as standardized contracts that are not customized between counterparties.
text: The fact that futures contracts are standardized and exchange-traded makes these instruments indispensable to commodity producers, consumers, traders and investors.
text: Since futures contracts are highly standardized, the contract unit will specify the exact amount and specifications of the asset, such as the number and quality of barrels of oil or amount of foreign currency.