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Futures contract
Meaning
Noun
●
In Finance:
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
stated
price (
the future
s price).
Sourced from
Wiktionary
Synonyms
Futures
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