HyperDic: stock-index_futures

English > 1 sense of the expression *stock-index futures*:
NOUN	communication	stock-index futures	a futures contract based on a stock index

English > *stock-index futures*: 1 sense > noun 1, communication
Meaning	A futures contract based on a stock index; a bet on the future price / price of the indexed group of stocks.
Broader	futures contract	An agreement to buy or sell a specific amount of a commodity or financial instrument at a particular price / price on a stipulated future date