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).
What is a 'Forward Contract'. A forward contract is a customized contract between two parties to buy or sell an asset at a specified price on a future date. A forward contract can be used for hedging or speculation, although its non-standardized nature makes it particularly apt for hedging. Unlike standard futures contracts, a forward contract can be customized to any commodity, amount and delivery date. A forward contract settlement can occur on a cash or delivery basis.