پیش خرید

English translation: Forward purchase/advance purchase

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Persian (Farsi) term or phrase:پیش خرید
English translation:Forward purchase/advance purchase
Entered by: Hossein Abbasi Mohaghegh

13:52 Jan 15, 2012
Persian (Farsi) to English translations [Non-PRO]
Bus/Financial - Petroleum Eng/Sci
Persian (Farsi) term or phrase: پیش خرید
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.
IranTrans
Iran
Local time: 06:40
Forward purchase/advance purchase
Explanation:
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
Selected response from:

Hossein Abbasi Mohaghegh
Local time: 06:40
Grading comment
Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +3Forward purchase/advance purchase
Hossein Abbasi Mohaghegh
4 +1pre-purchase
Ahmad Kabiri
5advance purchase; futures contract
Ryan Emami


  

Answers


0 min   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
pre-purchase


Explanation:


Ahmad Kabiri
Iran
Local time: 06:40
Native speaker of: Native in Persian (Farsi)Persian (Farsi)
PRO pts in category: 24

Peer comments on this answer (and responses from the answerer)
agree  Mohammad Emami
1 hr
  -> Thanks a lot!
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 5/5
advance purchase; futures contract


Explanation:


Ryan Emami
Canada
Local time: 23:10
Works in field
Native speaker of: Native in Persian (Farsi)Persian (Farsi)
Login to enter a peer comment (or grade)

1 hr   confidence: Answerer confidence 5/5 peer agreement (net): +3
Forward purchase/advance purchase


Explanation:
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


Hossein Abbasi Mohaghegh
Local time: 06:40
Native speaker of: Native in Persian (Farsi)Persian (Farsi)
Grading comment
Selected automatically based on peer agreement.

Peer comments on this answer (and responses from the answerer)
agree  Mahmood Haerian-Ardakani
47 mins
  -> Thank you!

agree  Sanam Shahed-ali: forward purchase
10 hrs
  -> Thank you!

agree  modestproud
1 day 2 hrs
  -> Thank you!
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