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Futures Contract - Law Dictionary Search Results
futures contract
Matched in: Term futures contract
future
future : a contract traded on an exchange in which a party agrees to buy or sell a quantity
Future goods
goods, means goods to be manufactured or produced or acquired by the seller after the making of the contract of sale. [Sale of Goods Act, 1930 (3 of 1930), s. 2 (6)] … Future goods, means goods to be manufactured or produced or acquired by the seller after the making of the
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contract
Matched in: Term contract
Contract
Matched in: Term Contract
interest
forth in the rule in Shelley's case. expectation interest : the interest of a party to a breached contract in receiving the benefit of the bargain by being put in a position as good as that which … right to the use and benefit of property [a beneficial interest in the trust] contingent interest : a future interest whose vesting is dependent upon the occurrence or nonoccurrence of a future event compare vested interest in
Hire purchase
he may at any time during the term surrender the goods and be quit of any liability for future installments upon the contract In the United States such a contract is generally treated as a conditional sale
Hire
by contract, or by law, or by custom. The contract may be dissolved or extinguished in respect to future liabilities in various ways: (1) by the mere efflux of time or the accomplishment of the object for
future contract
Matched in: Term future contract
Insurance
payable at periodical intervals of two months or less, contract to pay the bond-holder a sum at a future date, and not being life assurance business as hereinbefore defined. And under the (English) Road Traffic Act,1930 (20
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