Forward Delivery Commitment

From Open Risk Manual

Definition

Forward Delivery Commitment. A commitment to deliver something at some time or under some terms in the future.

In an Option, there is still a commitment on one side to deliver in the event that the other side chooses to exercise the option.

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.