Future
an obligation to buy or sell later on; it lives on margin
Where it appears in the course
- Chapter 5 of 16 · The Investment Banker: Capital Markets
- Chapter 6 of 16 · M&A and LBO
- Chapter 11 of 16 · The Entrepreneur's Office
In the academy “Future” is not a definition but an operation: you post it yourself and watch what it does to the balance sheet.