futures contract

Noun

Meaning

an agreement to buy or sell a specific amount of a commodity or financial instrument at a particular price on a stipulated future date; the contract can be sold before the settlement date

Synonyms

Hypernyms

Hyponyms

Examples

A futures contract is a derivative, but the futures exchange doesn't call them 'derivatives,' they call them 'futures.' Myron Scholes

A futures contract in contango will decrease in value until it equals the spot price of the underlying at maturity. Source: Internet

As a result of Russia’s rejection of the deal, the US benchmark futures contract, West Texas Intermediate for delivery in April, ended at USD 41.28 a barrel, down a huge 10.1 per cent for the day. Source: Internet

All four exchanges have been asked to share trading data after the settlement of the first futures contract. Source: Internet

A futures contract allows a trader to place a leveraged bet on whether the price of the underlying asset will move higher or lower before the contract expires. Source: Internet

MCX had launched the MCX bullion index futures contract (Bulldex) in August 2020. Source: Internet

Close letter words and terms