futures

/ ˈfjuːtʃəz /

plural noun

1. commodities or other financial products bought or sold at an agreed price for delivery at a specified future date See also financial futures
2. ( as modifier )
  futures contract
  futures market

futures

A contract to buy or sell a specified amount of a commodity or financial instrument at an agreed price at a set date in the future. If the price for the commodity or financial instrument rises between the contract date and the future date, the investor will make money; if it declines, the investor will lose money. The term also refers to the market for such contracts.

April 25, 2024firkin

[fur-kin ]

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