Skip to content

Latest commit

 

History

History
14 lines (10 loc) · 479 Bytes

financial_contract.md

File metadata and controls

14 lines (10 loc) · 479 Bytes
date tags
2020-06-17
concept
contract

Financial contract

A promise of payment between parties. It's kind of like money or other valuable goods, just potential sort of those. This means people sell and trade them, and they can change in value just like any goods.

Explanation that makes sense for a functional programmer: Peyton Jones and Eber (2003) How to write a financial contract