The forward contract
is recorded, BC amortizes the cost of the forward contract
, and recognizes deferred taxes on the difference between the accounting and taxable base in the balance sheet accounts.
Accordingly, a privately negotiated currency forward contract
between two parties, neither of which is a bank (in the broadest sense), arguably would not appear to be subject to Sec.
With a fixed forward contract
the company is locked into the deal.
To ensure that the currency rates used to assess the capital budgeting decision remain unchanged, the company could enter into forward contracts
at a set rate, timed for the expected delivery date of the equipment.
When the stock has a value of $103, he enters into a forward contract
to sell 100 shares for $105 per share in one year.
to repurchase an issuer's equity shares that require physical settlement in exchange for cash are initially measured at the fair value of the shares at inception, adjusted for any consideration or unstated rights or privileges, which is the same as the amount that would be paid under the conditions specified in the contract if settlement occurred immediately.
Purchase and sales contracts are, in fact, forward contracts
Similarly, in 1989 in establishing the manner of the conduct of the receivership of insured depository institutions under federal law, the Financial Institutions Reform, Recovery and Enforcement Act of 1989 provided for the termination, or closeout, and netting of qualified financial contracts, including securities, commodity and forward contracts
, and repurchase and swap agreements.
The transaction reported in today's SEC filing completes a previously disclosed 1999 prepaid forward contract
, which was used to finance a portion of the purchase price for the acquisition of the Cleveland Indians by Lawrence Dolan and certain Dolan family trusts.
De Beers Auction Sales today launched forward contract
sales to offer customers the opportunity to bid for future supply of the types and quantities of rough diamonds they require, when they require them.
1234A-1) for addressing the character of payments made under an NPC, a forward contract
and a type of derivative referred to as a "bullet swap.
As an alternative to a futures contract, one could buy a forward contract