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Pay Your Bills On Time - We all get behind on our bills every once in a while, but when it becomes a constant practice it starts to cost us...

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Deliverable Instrument

Deliverable Instrument - The asset delivery in a forward contract, agreed upon by two or more parties referencing the sale and purchase of a specific commodity. The similarity to futures not easily transferred or cancelled. A deliverable instrument is an agreed upon future price and through a forward contract is delivered at a future determined date of choice. It is a contract specifying the quantity of assets and the agreed price. It is the transfer of a security or certificate to a broker of choice satisfying the initial sell request. The receipt of the actual commodity or financial instrument contracting the settlement agreed.

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Definition of the Day Australian Securities Exchange

Australian Securities Exchange - The Australian Securities Exchange is the largest stock exchange in all of Australia, and is also known as the ASE, which opened for operation in 1987. Although its operations and functions have change with the times, it was transformed in 2006 after becoming the product in...

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