Sentences with phrase «at a certain date in the future»

A futures contract is a usual contract, the difference being that you buy or sell at a certain date in the future and at a specified price.
For instance, a stock future gives the holder an obligation to buy or sell the stock for a specified price called striking price at a certain date in the future.
A futures contract on a commodity is an agreement to deliver a certain commodity at a certain date in the future for a price paid today, such as paying $ 100 today for a barrel of oil to be delivered in three months.
The contract is an agreement, or promise, for the buyer to purchase oil at a certain price in the future (the spot price) at a certain date in the future (the contract's maturity) from the seller.
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