Sentences with phrase «commodity at a predetermined price»
Futures represent a contractual agreement to buy or sell a particular commodity at a predetermined price in the future.
http://commodityhq.com/ Not exact matches
Two parties sign a contract to exchange a given amount of some asset — a commodity, say, or a currency — at some predetermined price in the future.
A futures contract is an agreement to buy or sell at a certain date for a predetermined price, so its value generally moves along with spot prices of the commodity or index.
A futures contract is an agreement to buy or sell a commodity, financial instrument or security at a predetermined future date for a specific price.