Delivery Option.

The delivery option is the right, but not the obligation, to have a futures contract delivered and settled for physical commodities. The delivery option is also commonly referred to as the “physical delivery” option. The delivery option is typically only available on certain types of commodities, such as agricultural products, metals, and energy products. When … Read more

What Is a Tax-Deferred Savings Plan?

A tax-deferred savings plan is a type of investment account in which contributions and earnings are not subject to current income tax. This allows investors to grow their money more quickly than if they were subject to taxation each year. There are several different types of tax-deferred savings plans, including traditional IRAs, Roth IRAs, and … Read more

Reading Into Business Days.

Reading into business days means that you are taking into account the number of days that a business is typically open when calculating a timeline. For example, if you are calculating how long it will take to complete a project, you would need to take into account the number of days that the business is … Read more

War Bonds.

A war bond is a debt security issued by a government to finance military operations during wartime. War bonds are usually issued in denominations of $25, $50, $100, $500, and $1,000, and typically have maturities of 10 to 40 years. Interest on war bonds is usually lower than that of other government bonds, because the … Read more