Definify.com
Definition 2024
futures_contract
futures contract
English
Noun
futures contract (plural futures contracts)
- (finance) a standardized contract, traded on a futures exchange, to buy or sell a standardized quantity of a specified commodity (or financial instrument) of standardized quality at a certain date in the future, at a price (the futures price).
Translations
a standardized contract, traded on a futures exchange
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