Glossary entry (derived from question below)
Persian (Farsi) term or phrase:
پیش خرید
English translation:
Forward purchase/advance purchase
Added to glossary by
Hossein Abbasi Mohaghegh
Jan 15, 2012 13:52
12 yrs ago
Persian (Farsi) term
پیش خرید
Non-PRO
Persian (Farsi) to English
Bus/Financial
Petroleum Eng/Sci
This is a term that is used in a piece of news about the oil / petroleum market, and it's something like: برخی از شرکت های اروپایی برای پیش خرید نفت خام صادراتی ایران اعلام آمادگی کرده اند.
Proposed translations
(English)
5 +3 | Forward purchase/advance purchase |
Hossein Abbasi Mohaghegh
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4 +1 | pre-purchase |
Ahmad Kabiri
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5 | advance purchase; futures contract |
Ryan Emami
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Change log
Jan 29, 2012 11:29: Hossein Abbasi Mohaghegh Created KOG entry
Proposed translations
+3
1 hr
Selected
Forward purchase/advance purchase
Forward purchase:
Farmland entered into contracts with certain producers for the forward purchase of crude oil.
Because of the forward purchase, the End User achieves complete price protection from any increase in crude oil prices. If prices fall instead, the End User participates in the favorable price move at the participation rate once average prices fall below the forward purchase level.
http://www.sempracommodities.com/oil_endusers.asp
Farmland entered into contracts with certain producers for the forward purchase of crude oil.
Because of the forward purchase, the End User achieves complete price protection from any increase in crude oil prices. If prices fall instead, the End User participates in the favorable price move at the participation rate once average prices fall below the forward purchase level.
http://www.sempracommodities.com/oil_endusers.asp
4 KudoZ points awarded for this answer.
Comment: "Selected automatically based on peer agreement."
+1
0 min
1 hr
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