futures contract
English Thesaurus
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 (noun.communication)
| hypernym | : | derivative, derivative instrument, |
| definition | : | a financial instrument whose value is based on another security (noun.communication) |
| hyponym | : | stock-index futures, |
| definition | : | a futures contract based on a stock index; a bet on the future price of the indexed group of stocks (noun.communication) |
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