futures contract

Definitions of futures contract
  1. noun
    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
    see moresee less
    types:
    stock-index futures
    a futures contract based on a stock index; a bet on the future price of the indexed group of stocks
    type of:
    derivative, derivative instrument
    a financial instrument whose value is based on another security
Word Family
EDITOR’S CHOICE

Test prep from the experts

Boost your test score with programs developed by Vocabulary.com’s experts.

  • Proven methods: Learn faster, remember longer with our scientific approach.
  • Personalized plan: We customize your experience to maximize your learning.
  • Strategic studying: Focus on the words that are most crucial for success.

SAT/PSAT

$29.95
  • Number of words: 500+
  • Duration: 8 weeks or less
  • Time: 1 hour / week

TOEFL

$29.95
  • Number of words: 500+
  • Duration: 10 weeks or less
  • Time: 1 hour / week

ACT

$29.95
  • Number of words: 700+
  • Duration: 10 weeks
  • Time: 1 hour / week