Tag: contract
National Commodities And Derivatives Exchange (NCDEX)
What is 'National Commodities And Derivatives Exchange - NCDEX' India's largest and most recognized commodities exchange, which was established in 2003. The...
Narrow Basis
What is 'Narrow Basis' A condition found in futures markets in which the spot price of underlying commodities is close to the...
Over the Counter Trading
DefinitionOver-the-counter or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs...
Ocean Bill Of Lading
What is 'Ocean Bill Of Lading' A document required for the transportation of goods overseas. An ocean bill of lading serves as...
Manufacturing Cells
DefinitionCellular manufacturing is a process of manufacturing which is a subsection of just-in-time manufacturing and lean manufacturing encompassing group technology. The goal of cellular...
Maintenance Margin
DefinitionIn finance, margin is collateral that the holder of a financial instrument has to deposit with a counterparty to cover some or all of...
Macroeconomic Swap
What is 'Macroeconomic Swap' A type of derivative designed to help companies whose revenues are closely correlated with business cycles to reduce...
Annuity
An annuity can be best defined as a financial product which is exclusively designed and offered by insurance companies to help individuals grow funds....
Accelerated Death Benefit (ADB)
What is an 'Accelerated Death Benefit - ADB' An accelerated death benefit (ADB) is a benefit that can be attached to a...
Abandonment
What is 'Abandonment' Abandonment is the act of surrendering a claim to, or interest in, a particular asset. In securities, abandonment is...