Assertion: contract's agreement | /r/HasProperty | private
Facets:
Source sentences:
text: Firstly, futures contracts are highly standardised to enable trading on a futures exchange, whereas as we’ve seen, forward contracts are private agreements whose terms are customised to suit both parties.
text: A forward contract is a private agreement between two parties giving the buyer an obligation to purchase an asset (and the seller an obligation to sell an asset) at a set price at a future point in time.