Dive into the underwater world of marine animals with Apologia's Exploring Creation with Zoology 2: Swimming Creatures of the Fifth Day textbook Written directly to the student, the gentle conversational style makes Zoology 2 perfect for elementary children to read on their own, or for family reading times with mom.
VALUE CONTRACT. >>A value contract is a legal agreement with a customer that contains the materials and services that the customer receives within a specified time period, and for a value up to a specified target value. A value contract can contain certain materials or a group of materials (product hierarchy, assortment module).
Because it is a function of an underlying asset, a futures contract is a derivative product. Contracts are negotiated at futures exchanges, which act as a marketplace between buyer and seller. The buyer of the contract is said to be  long , and the party selling the contract is said to be  short . put is the option to sell a futures contract, and a call is the option to buy a futures contract. For both, the option strike price is the specified futures price at which the future is traded if the option is exercised.