Advance Payment Guarantee/Bond
Definition of Advance Payment Guarantee/Bond
The guarantee could be:
- Primary: Indemnity (fulling payments)
- Secondary: Guarantee (assuring that the outcome will be met)
Related Terms
Capital Growth
Strike Price
Long Strangle
Futures Contract
Every futures contract contains a standard lot size on top of the agreed price and date as they are a standardized derivative traded on a stock exchange, most commonly on NSE and BSE.
The price of a futures contract is known to vary from the spot price of the same underlying asset due to factors like the cost of carry, interest rates, and more.

