Forward contracts, on the other hand, are private agreements between two parties and are not as rigid in their stated terms and conditions. Because forward contracts are private agreements, there is always a chance that a party may default on its side of the agreement.n the other hand, forward contracts are mostly used by hedgers that want to eliminate the volatility of an asset's price, and delivery of the asset or cash settlement will usually take place. For further reading, see Futures Fundamentals. RELATED FAQS.
bi zabt: Actually, it's pronounced bizabt in Egyptian language. Yes, it is written bid-dabt, but pronounced with z. And yes, it means with precision or that's right.
Despite having lived there, I probably can't tell you much about what each term means in the dialect. bi zabt is actually with a Ø¶ hence it's bid-dabt (not a z sound at all). The phrase means with precision and is often used to mean, for sure, definitely and other such meanings. Perhaps an Egyptian brother or sister can explain this and the rest better and more correctly!