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contract
(redirected from Contractual agreement)

    Also found in: Medical, Legal, Encyclopedia, Wikipedia, Hutchinson 0.10 sec.
Contract
A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange.
contract
1. In futures trading, an agreement between two parties to make and take delivery of a specified commodity on a given date at a predetermined location.
2. In options trading, an agreement by the writer either to buy (if a put) or to sell (if a call) a given asset at a predetermined price until a certain date. The holder of the option is under no obligation to act.


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? Mentioned in ? References in periodicals archive
 
Hollywood commercial stylist Katie Meehan said Oscar fashion relationships fall into two categories: those that are part of a paid, contractual agreement, and those that are the result of a designer sending an actress an outfit in hopes the actress will choose it for the big night.
'Little Miss Sunshine' star seeks jeans company's duds by York, Emily Bryson / Los Angeles Business Journal
Villa's hiring was approved unanimously by the five-member board, although no contractual agreement has been reached, board President Peggy Foster said.
BRIEFLY by Daily News (Los Angeles, CA)
Working it out requires Joel to put his plan on the table so we can see whether or not it fits with our contractual agreement and with state law," Levy says.
Making the grade in New York by Dessoff, Alan / District Administration
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