Contract Length

Trading Basics

Contract Length

The length of time a contract is open until it expires.

Other Trading Basics

Annuity

A guaranteed income for the rest of someones life.

Historically purchased with pension lump sums.

The buyer is swaping cash now for future income.

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What is a Central Bank

A central bank or monetary authority is a monopolised and often nationalised institution given privileged control over the production and distribution of money and credit.

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