Forward contracts, on the other hand, are private agreements between two parties and are not as rigid in their stated terms and conditions. Because forward contracts are private agreements, there is always a chance that a party may default on its side of the agreement.n the other hand, forward contracts are mostly used by hedgers that want to eliminate the volatility of an asset's price, and delivery of the asset or cash settlement will usually take place. For further reading, see Futures Fundamentals. RELATED FAQS.
bi zabt: Actually, it's pronounced bizabt in Egyptian language. Yes, it is written bid-dabt, but pronounced with z. And yes, it means with precision or that's right.
1 Zavala is a Spanish variant of Zabala. ( 2 via). 3  Zabala is a name for someone who lived in any of the various places in Biscay and Araba (Basque country) called Zabala, which is derived from the Basque zabal, meaning large or broad and a, the definite article.( 4 via.).nd he mentioned that my last name is a Basque last name. All I'd known previously is that if you trace our genealogy far back enough on my dad's mom's side, we come from Spain (as is the case with many Latin Americans). But the Basque detail was new to me.