In this article we will discuss about:- 1. Meaning of Forward Exchange Contract 2. Closing Out of Forward Exchange Contracts 3. Extension of Forward Exchange Contracts 4. Cost or Gain of Forward Cover 5. Benefits and Drawbacks of Forward Exchange Contract. Meaning of Forward Exchange Contract: A forward contract is simply an agreement to buy or sell foreign exchange at [...]
In this article we will discuss about currency futures and currency options. Currency Futures: A currency futures contract is "a commitment to deliver a specific amount of a specified currency at a specified future date for an agreed price incorporated in the contract". A currency futures contract is an agreement to buy or sell a standardized quantity of specific foreign [...]
After reading this essay you will learn about:- 1. Meaning of Insurance 2. Fundamental Principles or Features of an Insurance Contract 3. Types 4. Double Insurance 5. Re-Insurance 6. Advantages/Utilities/Importance. Essay on Insurance Essay Contents: Essay on the Meaning of Insurance Essay on the Fundamental Principles or Features of an Insurance Contract Essay on the Types of Insurance Essay on [...]