05.07.2009
When an agreement is made to acquire goods or services on the futures market, the buyer and seller enter into a futures contract. An agreement to pay a pre-arranged price for a barrel of oil at some point in the future, hence future contract, so that a buyer undertakes to buy oil at an agreed upon price per barrel at an agreed date. The participants in futures contracts can basically be divided into three categories: hedgers (who want to neutralize their risks), speculators (who take risks with their investments) and arbitrageurs who may gains with no investment and at no risk.
A financial measure used by REITs to define their operating performance. FFO is calculated by adding depreciation and amortization expenses to earnings. This gives an idea of the REIT’s cash performance, which is a better measure of the REIT’s performance than earnings, which include (often large) non-cash items
The financing of projects that is done by banks and other financial institutions rather than the equity owners
Such as a bank, a financial institution, an insurance company, a provident fund, a pension fund or any other type of investors as stipulated by the Israeli Securities Law