Sentences with phrase «predetermined future date»

The buyer agrees to purchase the commodity or security at a predetermined future date and price, and the seller agrees to deliver.

Futures are financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.

Payments are issued on a predetermined future date.

When you get a payday loan, you give the payday loan office a check, postdated to a predetermined future date, in the amount of the loan you need plus any interest.

A futures contract is an agreement to buy or sell a commodity, financial instrument or security at a predetermined future date for a specific price.

Payments are issued on a predetermined future date.