Meaning of the word "futures contract" in English
What does "futures contract" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
futures contract
US /ˈfjuːtʃərz ˌkɑːntrækt/
UK /ˈfjuːtʃərz ˌkɑːntrækt/
Noun
1.
a standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, allowing investors to speculate on the future price movement of an asset
Example:
•
He invested in a futures contract for crude oil, hoping its price would rise.
•
Futures contracts are commonly used in commodity markets.
Synonym:
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