A forward contract is just an agreement to transact in the future at some given price.

远期合约是这份协议它是在将来以某个给定价格进行交割合约。

Thus 100 quarters of wheat for spot delivery will buy 98 quarters for forward delivery.

因此，100 夸特即期交割小麦可以购买 98 夸特远期交割小麦。

Cash could be exchanged in its place.

现金可取而代之进行交割。

The United States treasury market is deliverable.

美国国债市场是可交割。

The buyer pays a down payment of 1% and then Zillow makes an additional contribution of 2% at closing.

买家支付1%首付，然后齐洛在交割时再额外贡献2%。

So my point is a perpetual would not work in deliverable products.

所以我观点是，在可交割产品中，永合约是行不通。

That house has been sold and is about to settle so that will have people moving into it very soon.

那所房子已售出并即将交割，因此很快就会有人搬进来。

These were derivative contracts in which the delivery of the underlying asset did not have to take place on the specified day.

这些是衍生合约，其中标资产无需在指定日进行交割。

As you said, right, bankers, they tend to try to do a deal as fast as possible to get to a closing.

正如你所说，银行家们倾向于尽快达成交易以完成交割。

So write a contract on the property you're purchasing contingent on the sale of yours and set the closings up on the same day.

所以，在你购买房产上写个合同，使其取决于你房产出售，并将交割日期定在同天。

For instance, a typical early derivative contract is a forward, which specifies the price and future date for delivery of a commodity, such as coffee.

例如，早期典型衍生品合约是远期合约，它规定了商品（如咖啡）价格和未来交割日期。

How am I going to make or take delivery on the food markets of the United States, which is very integral into pricing of these.

我如何在美国食品市场上进行实物交割或接收交割，这对这些商品定价至关重要。

If you have a perpetual livestock or grain market, how in the world am I going to make or take delivery on something that never expires?

如果你有个永牲畜或谷物市场，我究竟该如何对个永不过期东西进行交割或接收呢？

People were buying provisions for shelter-in-place and we're on the phone, hey, are you gonna send the paperwork so we can have the first closing or not?

人们正在采购居家隔离所需物资， 而我们还在打电话，嘿， 你打算发送文件以便我们进行首次交割吗？

A futures contract guarantees the seller a specified price in advance, regardless of what the market price may turn out to be at the time of delivery.

期货合约提前向卖方保证指定价格，无论交割时市场价格是多少。

The reference price for electricity and for the settlement of many long-term agreements is set on the spot market, where the physical delivery of electricity is traded for the next day.

电力和许多长期协议结算参考价格是在现货市场上确定，在现货市场上，电力实物交割交易都是次日电力。

Futures contracts are made for delivery of gold, oil, soybeans, foreign currencies and many other things at some price fixed in advance for delivery on a future date.

期货合约是为了以预先确定价格在未来日期交割黄金、石油、大豆、外币和许多其他物品而制定。

So are futures prices for delivery in December 2022, reflecting in part the cancellation of the Nord Stream 2 pipeline from Russia to Germany, which had been hoped to ease supply this year.

2022年12月交割原油期货价格也是如此，这在定程度上反映了从俄罗斯到德国北溪2号(Nord Stream 2)管道取消所产生后果，人们本希望该管道能缓解今年供应紧张。

In 1976 the nymex potato-futures market, based on a red variety from Maine, imploded after speculators holding 1,000 contracts involving 23,000 tonnes of the crop failed to deliver on time.

1976 年，基于缅因州红色品种纽约商品交易所马铃薯期货市场在投机者持有 1,000 份涉及 23,000 吨作物合约未能按时交割后崩溃。

These deals are going to start to take a little bit more time and not so much time between signing and closing, though there will be that, but also preparation.

这些交易将开始需要更多时间， 不仅体现在签约与交割之间间隔，虽然这也会存在， 更关键是在准备阶段。