Assertion: contract | /r/HasProperty | closed
Facets:
value: prior to expiration)—assuming
type: OTHER
Source sentences:
text: If the market and contract prices are identical on the date of settlement, no money changes hands and the contract is closed
text: This means that entire unrealized gain (loss) becomes realized at the time of delivery (or as what typically occurs, the time the contract is closed prior to expiration)—assuming the parties must transact at the underlying currency's spot price to facilitate receipt/delivery.
text: In this case, no monies are owed by the producer or financial institution to each other and the contract is closed.