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.
Futures represent a contractual agreement to buy or sell a particular commodity at
a predetermined price in the future.
A futures contract is simply a contract to buy or sell a financial instrument or other underlying asset at
a predetermined price in the future.
Not exact matches
Investors purchase gasoline
futures to wager on how much they expect the
price of gasoline to be at some
predetermined time
in the
future.
Futures contract involves a legal agreement to buy or sell a derivative at a
predetermined price at a
predetermined time
in the
future.
Wheat
futures are standardized, exchange - traded contracts
in which the contract buyer agrees to take delivery, from the seller, a specific quantity of wheat (e.g. 5000 bushels) at a
predetermined price on a
future delivery date.
Futures Trading involves a legal agreement to buy or sell a derivative at a
predetermined price at a
predetermined time
in the
future.
A currency
futures contract is a legally binding contract that obligates the two parties involved to trade a particular amount of a currency pair at a
predetermined price (the stated exchange rate) at some point
in the
future.