Forward Contract
About
A forward contract is a specialized financial skill that involves an agreement between two parties to buy or sell a particular asset at a predetermined price, date, and quantity in the future. The contracts are typically used to manage risk...
Related Skills
Browse the most common related skills to this skill, based on the last 5 months of job postings data.
How does Lightcast design a skill?
Commodity Market refers to the marketplace for buying, selling, and trading raw materials and primary products, such as agricultural goods, metals, and energy resources. This skill involves understanding market dynamics, pricing mechanisms, and the factors influencing supply and demand for commodities. Knowledge of Commodity Market is used to analyze trends, assess risks, and make informed decisions regarding investments and trading strategies in various sectors of the economy.
Commodity trading is a type of financial activity that involves buying, selling, and exchanging raw materials, such as metals, energy, and agricultural products. It requires specialized knowledge, insight into commodity markets, supply chain logistics, and risk management strategies. Commodity traders need to be adept at applying technical and fundamental analysis to make informed decisions and navigate constantly changing market conditions. Successful traders also possess excellent communication, negotiation, and networking skills to build and maintain relationships with suppliers, buyers, and other industry players.
Energy supply requires specialized skills that involve knowledge of energy sources, production, transmission, distribution, and consumption. This includes expertise in engineering, economics, environmental science, policy analysis, and project management to ensure reliable and affordable energy supply to meet the growing demand of the population. Energy supply plays a critical role in driving economic development, and addressing environmental challenges such as climate change, which requires a holistic approach covering social, economic, and environmental aspects.
Price Support refers to mechanisms implemented to stabilize or maintain the market price of a commodity or product, often through government intervention or market strategies. This skill involves understanding economic principles and market dynamics that influence pricing, as well as the tools used to prevent prices from falling below a certain level. Knowledge of Price Support is utilized to analyze market conditions, assess the impact of price fluctuations, and develop strategies that ensure price stability for producers and consumers.
Tariff refers to a schedule of duties or taxes imposed by a government on imported or exported goods. This skill encompasses the understanding of trade regulations, pricing strategies, and economic impacts associated with tariffs. Knowledge of Tariff is used to analyze market conditions, assess the cost implications for businesses, and inform decision-making regarding international trade and compliance with legal requirements.
Lightcast Skills Taxonomy
Looking for a specific skill? Search our library. Explore 35,000+ skills that we've collected from hundreds of millions of job postings, resumes, and online profiles.
The Lightcast Skills Taxonomy delivers clarity by allowing everyone to speak the same language. Use our APIs to articulate your skills needs, and leave the details to us: our dedicated team of taxonomists and engineers cleans, checks, and updates each entry so that you always have the most accurate and up-to-date picture of the labor market.
Are you a nonprofit pursuing a public good? Lightcast Skills APIs are freely available to you because we believe in using data for good and creating a labor market that works for everyone. Through the shared language of skills, we can enable a world where every worker and every job can find their best fits as efficiently and easily as possible.
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About
A forward contract is a specialized financial skill that involves an agreement between two parties to buy or sell a particular asset at a predetermined price, date, and quantity in the future. The contracts are typically used to manage risk...
Related Skills
Browse the most common related skills to this skill, based on the last 5 months of job postings data.
How does Lightcast design a skill?
Commodity Market refers to the marketplace for buying, selling, and trading raw materials and primary products, such as agricultural goods, metals, and energy resources. This skill involves understanding market dynamics, pricing mechanisms, and the factors influencing supply and demand for commodities. Knowledge of Commodity Market is used to analyze trends, assess risks, and make informed decisions regarding investments and trading strategies in various sectors of the economy.
Commodity trading is a type of financial activity that involves buying, selling, and exchanging raw materials, such as metals, energy, and agricultural products. It requires specialized knowledge, insight into commodity markets, supply chain logistics, and risk management strategies. Commodity traders need to be adept at applying technical and fundamental analysis to make informed decisions and navigate constantly changing market conditions. Successful traders also possess excellent communication, negotiation, and networking skills to build and maintain relationships with suppliers, buyers, and other industry players.
Energy supply requires specialized skills that involve knowledge of energy sources, production, transmission, distribution, and consumption. This includes expertise in engineering, economics, environmental science, policy analysis, and project management to ensure reliable and affordable energy supply to meet the growing demand of the population. Energy supply plays a critical role in driving economic development, and addressing environmental challenges such as climate change, which requires a holistic approach covering social, economic, and environmental aspects.
Price Support refers to mechanisms implemented to stabilize or maintain the market price of a commodity or product, often through government intervention or market strategies. This skill involves understanding economic principles and market dynamics that influence pricing, as well as the tools used to prevent prices from falling below a certain level. Knowledge of Price Support is utilized to analyze market conditions, assess the impact of price fluctuations, and develop strategies that ensure price stability for producers and consumers.
Tariff refers to a schedule of duties or taxes imposed by a government on imported or exported goods. This skill encompasses the understanding of trade regulations, pricing strategies, and economic impacts associated with tariffs. Knowledge of Tariff is used to analyze market conditions, assess the cost implications for businesses, and inform decision-making regarding international trade and compliance with legal requirements.
Lightcast Skills Taxonomy
Looking for a specific skill? Search our library. Explore 35,000+ skills that we've collected from hundreds of millions of job postings, resumes, and online profiles.
The Lightcast Skills Taxonomy delivers clarity by allowing everyone to speak the same language. Use our APIs to articulate your skills needs, and leave the details to us: our dedicated team of taxonomists and engineers cleans, checks, and updates each entry so that you always have the most accurate and up-to-date picture of the labor market.
Are you a nonprofit pursuing a public good? Lightcast Skills APIs are freely available to you because we believe in using data for good and creating a labor market that works for everyone. Through the shared language of skills, we can enable a world where every worker and every job can find their best fits as efficiently and easily as possible.
Browse Skill Categories
Lightcast Skills Resources

What A Spike In Founders Data Reveals About Worker Mobility

Building AI Takes More Than AI Skills

Expanded Alumni Data for a Changing Higher Education Landscape
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This skill is part of the Lightcast Skills Taxonomy, a library of over 35,000 job related skills. It is the standard used by higher education institutions, public sector organizations and Fortune 500 companies around the globe.