from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. 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).
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. 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
Sorry, no etymologies found.
Sorry, no example sentences found.
Wordnik is becoming a not-for-profit! Read our announcement here.