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.
EBT is an acronym for Electronic Benefits Transfer, and is the system used to remit government funds in the SNAP program. SNAP is an acronym for Supplementary Nutritional Assistance Program and is the government food-stamp program. An EBT card functions similarly to a debit card at eligible retailers, and is used to purchase SNAP-eligible food items.