FUTURES CONTRACT

IPA (US):

 Dictionary entry overview: What does futures contract mean? 

• FUTURES CONTRACT (noun)
  The noun FUTURES CONTRACT has 1 sense:

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

  Familiarity information: FUTURES CONTRACT used as a noun is very rare.

 Dictionary entry details 

• FUTURES CONTRACT (noun)

Sense 1

Meaning:

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

Classified under:

Nouns denoting communicative processes and contents

Hypernyms ("futures contract" is a kind of...):

derivative; derivative instrument (a financial instrument whose value is based on another security)

Hyponyms (each of the following is a kind of "futures contract"):

stock-index futures (a futures contract based on a stock index; a bet on the future price of the indexed group of stocks)