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Key Terms & Glossary
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In addition to the chapter Key Terms provided below, an online searchable glossary of terms and definitions has been provided to assist you in your studies.

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forward contract  Agreement to buy or sell an asset in the future at an agreed price.
(See page(s) 793)
futures contract  Exchange-traded promise to buy or sell an asset in the future at a prespecified price.
(See page(s) 789)
swap  Arrangement by two counterparties to exchange one stream of cash flows for another.
(See page(s) 794)







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