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convergence |
Also found in: Medical, Legal, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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Convergence The movement of the price of a futures contract toward the price of the underlying cash commodity. At the start, the contract price is usually higher because of time value. But as the contract nears expiration, and time value decreases, the futures price and the cash price converge.
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| A new security-focused track will feature strategies to address the complex issues of convergance and security policy management. 6 "Thanks to the opening of our first GPRS site, SFR confirms its leading position in the convergance of the Internet and telecommunications. |
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