life of contract

(redirected from Contract Lives)

Life of Contract

The time between the issue of a futures contract or option and its maturity or expiration. A contract may be traded at any point during its life, subject to the rules of the exchange on which it trades.

life of contract

In futures or options trading, the period of time in which trading can occur before the expiration or settlement. In general, a longer life makes an option more valuable.
References in periodicals archive ?
Nearly identical salaries over the last 4 years of their contract lives.
Also, firm transportation contract lives average about 11 years, minimizing capacity-turnback risk.
But Patriarch had traditionally recorded all his revenues at the contract dates, while the managers - conservatively planning for the future - record revenue over the contract lives.
86 Million contract lives under managed care contracts.