futures contract

1. 1.

   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

   Broaderderivative instrument

   Narrowerstock-index futures

Questions about futures contract

What does futures contract mean?

futures contract means "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".

Is futures contract a common word?

futures contract is banded "Rare" — specialist or archaic — most readers will not have met it. The band comes from how often the word appears in a large corpus of everyday English, not from an editor's impression.