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Ulysses Agreement â planning for support. A Ulysses Agreement is a voluntary process that is used by a person that has a mental illness or mental health concern. The plan outlines to others what they should and should not do to support the children and the parent/s.
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.