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Exchange of Futures for Cash
(redirected from EFP)

   Also found in: Acronyms, Wikipedia 0.03 sec.
Exchange of Futures for Cash
An agreement between two parties in which a buyer of a commodity exchanges futures contracts for the commodity. Either the buyer gives the seller a certain amount in long position futures or he/she receives from the seller an equivalent amount of short position futures. If there is a difference between the futures and the price of the commodity, it is settled in cash. This transaction is also known as an exchange for physicals.


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It will be organized by the EFP in collaboration with the ILO Office, Islamabad.
One day we were driving along in the Warrior and we were taking fire and one missile called an EFP, designed to penetrate the Warrior, came through the side just a couple of feet to my right.
Cuomo charges that EFP paid Drexet $100,000 in a single year.
 
 
 
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