# Open contract (also used in German; sometimes also open contract)

- Canonical URL: https://www.gerhardmerk.de/open-contract-also-used-in-german-sometimes-also-open-contract
- Post ID: 590267
- Modified: 2023-07-25T21:12:02+00:00
- Language: en

## Definition

Generally, a standardized contract between two or more parties to perform or refrain from performing a service - such as the delivery of a certain quantity of crude oil. However, the contract is still empty, meaning that no delivery has yet been made. Often, such contracts are sold to third parties. - See absorption phase, option, forward speculator. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0