English version

futures contract

From Longman Business Dictionaryfutures contractˈfutures ˌcontract [countable]FINANCE a contract for a fixed amount of a COMMODITY or SECURITY to be delivered at a fixed price on a fixed date in the future. Unlike forward contracts, futures are traded on financial marketsThe fund sells Treasury-bond futures contracts that obligate it to sell its Treasury bonds for today’s prices in three or six months. contract
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