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Assignable Contract |
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Assignable Contract A futures contract that the holder may assign to another party. That is, the holder may give or sell the assignable contract to a third party, allowing this party to take on all rights and obligations associated with the contract. One may do this and still profit from the investment if the underlying asset has appreciated. This is a relatively unusual provision; most futures traded on exchanges are not assignable contracts. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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