NOUN | communication | 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 |
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Meaning | 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; the contract can be sold before the settlement date / date. | |
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Narrower | stock-index futures | A futures contract based on a stock index |
Broader | derivative instrument, derivative | A financial instrument whose value is based on another security |
Spanish | contrato de futuros | |
Catalan | contracte de futurs |
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