Meaning of futures contract | Babel Free
Definitions
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 futures price).
Equivalents
Examples
“He led the way with futures contracts (by which buyer and seller fix⟳ a price, immune from market fluctuations, for commodities that do not even exist⟳ at the time, such as crops yet to be sown) when these were exotic financial instruments few had hitherto tried.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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