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Advance Commitment |
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Advance commitment A promise to sell an asset before the seller has lined up purchase of the asset. This seller can offset risk by purchasing a futures contract to fix the sales price approximately. Advance Commitment A promise to undertake some activity before it is done. For example, a futures contract is an advance commitment to buy or sell an asset for a certain price at some point in the future. Likewise, in short-selling, one sells a security one does not own, and thus makes an advance commitment to buy it at some point in the future to ensure a smooth transaction. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| ? Mentioned in | ? References in periodicals archive | |
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| -- Schools advance commitment to student nutrition
with popular low fat milk
MIAMI -- Schools advance commitment to student nutrition with
popular low fat milk
The advance commitment represents nearly 11,000 business trips during
that period for these companies, which will help St. |
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