What is a Futures Contract? Futures Contract means a legally binding agreement to buy or sell the underlying security on a future date. Future contracts are the organized/standardized contracts in terms of quantity, quality (in case of commodities), delivery time and place for settlement on any date in future.
Porphyry Deposits Every investor in the mining industry has heard about porphyry deposits, yet few understand the significance of the term. Porphyry deposits are often enormous in size, representing the most important source of copper and one of the leading sources of gold.
This glossary attempts to provide definitions for educational and informational purposes, not legal purposes. Many of these terms are common to the solid waste and recycling industry and might appear in DEEP or EPA publications or news releases available to the public or on DEEP's website.