Contracts are agreements between two parties to buy or sell an asset at a specified price on a predetermined date.
In the world of finance, Delivery Month refers to the specific time frame in which futures contracts are settled through the exchange of physical assets. This can occur through either making or accepting delivery. It is also commonly referred to as the contract month. These contracts are essentially agreements between two parties to either buy or sell a particular asset at a predetermined price on a set date. Understanding the concept of Delivery Month is crucial in comprehending the inner workings and strategies of the financial market.