contract specification

contract specification
The legal document produced by the relevant exchange that sets out the details of a future or options contract, e.g. trading times, delivery procedures, quantities of underlying per one contract etc. The use of contract specifications leads to standardised products and thus maintains liquidity. Dresdner Kleinwort Wasserstein financial glossary

Financial and business terms. 2012.

Игры ⚽ Поможем сделать НИР

Look at other dictionaries:

  • Contract for difference — In finance, a contract for difference (or CFD) is a contract between two parties, typically described as buyer and seller , stipulating that the buyer will pay to the seller the difference between the current value of an asset and its value at… …   Wikipedia

  • Specification (technical standard) — Specification redirects here. For other uses, see Specification (disambiguation). A specification (often abbreviated as spec) is an explicit set of requirements to be satisfied by a material, product, or service.[1] Should a material, product or… …   Wikipedia

  • specification — spe‧ci‧fi‧ca‧tion [ˌspesfˈkeɪʆn] noun [countable usually plural] 1. MANUFACTURING a detailed description of how something should be designed or made: • the design specifications of the new computer system • Each machine is built to the highest …   Financial and business terms

  • Contract Net Protocol — (CNP) is a task sharing protocol in multi agent systems, consisting of a collection of nodes or software agents that form the contract net . Each node on the network can, at different times or for different tasks, be a manager or a contractor.… …   Wikipedia

  • specification — spec·i·fi·ca·tion /ˌspe sə fə kā shən/ n: a detailed precise presentation of something or of a plan or proposal for something: as a: a written statement containing a description of particulars (as of charges or contract terms) b: a written… …   Law dictionary

  • specification — spec i*fi*ca tion (sp[e^]s [i^]*f[i^]*k[=a] sh[u^]n), n. [Cf. F. sp[ e]cification, LL. specificatio.] 1. The act of specifying or determining by a mark or limit; notation of limits. [1913 Webster] This specification or limitation of the question… …   The Collaborative International Dictionary of English

  • specification — Specification. s. f. v. L expression, la determination des choses particulieres en les specifiant. Il fut dit dans le contract qu il le payeroit en denrées sans autre specification …   Dictionnaire de l'Académie française

  • contract provision — noun arrangement, article of agreement, clause, condition, limitation, obligation, postulation, prerequisite, proviso, qualification, requisite, restriction, specification, stipulation, term Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • Contract — law …   Wikipedia

  • Contract A — In Canadian contract law, Contract A is a concept that has recently been applied by courts regarding the fair and equal treatment of bidders in a contract tendering process. Essentially this concept formalizes previously applied precedents and… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”