- exchange of contracts
- /ɪksˌtʃeɪndʒ əv 'kɒntrækts/ nounthe point in the sale of property when the buyer and the seller both sign the contract of sale, which then becomes binding
Dictionary of banking and finance. 2015.
exchange of contracts
Look at other dictionaries:
exchange of contracts — exˌchange of ˈcontracts noun exchanges of contracts PLURALFORM [countable usually singular] PROPERTY when property is being bought and sold, the moment when the buyer signs the contract of sale and sends it to the seller, who also signs it,… … Financial and business terms
exchange of contracts — The key step in the process of transferring property is when the buyer and seller exchange signed contracts and thereby create a legally binding agreement between them. Easyform Glossary of Law Terms. UK law terms … Law dictionary
exchange traded contracts — Exchange traded futures contracts are standardised in terms of delivery date, contract terms and amount. These are traded on the LIFFE. London Stock Exchange Glossary … Financial and business terms
exchange-traded contracts — Exchange traded futures contracts are standardised in terms of delivery date, contract terms and amount. These are traded on the LIFFE. London Stock Exchange Glossary … Financial and business terms
exchange of contracts — A procedure adopted in the sale and purchase of land in which both parties sign their copies of the contract, having satisfied themselves as to the state of the property, etc. , and agreed that they wish to be bound. There need be no physical… … Big dictionary of business and management
Exchange-traded derivative contract — Exchange traded derivative contracts standardized derivative contracts (e.g. futures contracts and options) that are transacted on an organized futures exchange.These contracts can include futures , call and put . Part of the name of these… … Wikipedia
exchange — An association of persons who participate in the business of buying or selling futures contracts or futures options. A forum or place where traders gather to buy or sell economic goods. With the advent of the computerized exchange, it is… … Financial and business terms
Exchange — The marketplace in which shares, options and futures on stocks, bonds, commodities and indices are traded. Principal US stock exchanges are: New York Stock Exchange ( NYSE), American Stock Exchange ( AMEX) and the National Association of… … Financial and business terms
exchange — /ɪks tʃeɪndʒ/ noun the act of giving one thing for another ♦ exchange of contracts the point in the sale of property when the buyer and the seller both sign the contract of sale which then becomes binding ■ verb 1. ♦ to exchange something (for… … Marketing dictionary in english
exchange — 1) The trading of goods, stocks, shares, commodities, paper currencies, or other financial instruments. 2) The place in which such trading occurs, e. g. a stock exchange or commodities exchange. This may not necessarily have a physical location.… … Big dictionary of business and management
