You want a cup of juice really bad and you see I have a whole carton of juice.
You tell me if I give you a cup of juice then you will give me one cup of juice + one extra cup of juice as soon as you grow up and mature.
I agree and give you one cup of juice.
X amount of years later, you come back and pour me 2 cups of juice.
Good example is war bonds.
Government NEEDS funds NOW for a war. In order to get it they tell the citizens to buy war bonds for let’s say 5 dollars a piece with a promise that on X date (usually a few years) when the bond is mature the citizen can sell it back to the government for $10.00 each.
Latest Answers