A legal document between parties that clearly spells out just what is expected and required of each party Relationships between businesses and consumers are controlled by contracts, either verbal or ...

You don't have to look far and wide to see that the internet teems with outlets for people to write scathing reviews of their employers, both current and former. Employers can respond, of course, but ...

What is a forward contract? A forward contract is an agreement between two parties to buy or sell an asset at a specified price on a predefined expiry date. Both parties have an obligation to fulfil ...

When you negotiate services with a client or supplier, the process can take time and culminate in a contract that spells out the obligations and requirements of all signatories. If both parties ...

A smart contract is a self-executing computer program with the terms of the agreement written directly into lines of code. It is stored and replicated on a blockchain network. Smart contracts enable ...

Financial services will someday be mostly provided by software. The transformation has already begun, and from it society will win. Smart contracts will automate and streamline business processes that ...

An application on Ethereum, Solana or other programmable blockchain. Smart contracts mostly govern financial arrangements; for example, they enable new cryptocurrencies to be established, and they ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Boyle is an experienced financial professional with more than 10 years working with ...