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Simple English definitions for legal terms

normal market

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A quick definition of normal market:

A normal market is when people are willing to pay more for something in the future than they would for it right now. This is often seen in long-term futures or options contracts, where the price for delivery in the future is higher than the price for delivery in the near future. The extra money paid for the future delivery reflects the cost of holding onto the commodity until it is delivered.

A more thorough explanation:

A normal market, also known as contango, is a type of securities market where long-term futures or options contracts are sold at a higher price than short-term contracts.

For example, let's say that a company wants to buy oil for delivery in six months. The price of oil for delivery in six months is higher than the price of oil for delivery in one month. This is because the company has to pay for the cost of holding the oil for six months, such as storage and insurance.

The premium paid for securities with longer maturities reflects the cost of holding the commodity for future delivery. In a normal market, this premium is expected and reflects the market's expectations for future prices.

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General

General chat about the legal profession.

General >T14 Off Topic

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Dkk

19:42

SEO is big money

KnowledgeableRitzyWasp

19:42

2016 pushed the conservative party into populism irreversibly

Dkk

19:43

Maybe, but if this is populism, then every election is populist.

llama

19:43

@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working

Dkk

19:43

Indeed!

llama

19:48

wasp, i think people are hopeful for a gov who at least attempts to care about the common man

JapaneseMacaque

20:55

MIAMI A

[] AromaticTroubledDormouse

20:55

How does one know if they are UR1 or UR2?

[] AromaticTroubledDormouse

20:56

CONGRATS MACAQUE!

JapaneseMacaque

20:57

TY

jackfrost11770

20:59

got a random stanford email and almost had a heart attack

jackfrost11770

20:59

ALSO CONGRATS!

texaslawhopefully

21:03

Congrats1!

Ratratta

21:15

Miami A, yall I'm so excited I could cry.

Ratratta

21:15

Feel like I can finally stop holding my breath!! Whew!!!

[] baddestbunny

22:16

every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles

Dkk

22:32

Nice! @Macaque

Dkk

22:32

@Aromatic, Have to guess.

Dkk

22:33

That sucks @Bunny do you have to go to the hospital?

[] baddestbunny

22:40

I said accosted not assaulted

JazzyGazelle

23:35

guys. my notre dame address just went long is this good or bad

1a2b3c4d26z

23:37

Oooooo me too

JazzyGazelle

23:37

omg is this good or bad

Dkk

23:47

Idk if gender roles are gunna fix that then.

JazzyGazelle

23:49

it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??

180SupremeWarrior

23:53

hows ED 2 compared to ED 1?

Dkk

0:10

No idea

windyMagician

0:34

reporting live to say my ndls address also went long

JazzyGazelle

0:59

does it mean anything ^

Dkk

2:21

NDLS and Fordham took a very long time last year. It's good info for people to know.

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