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Related to futures: futures market, Commodity Futures, Futures trading
1. The indefinite time yet to come: will try to do better in the future.
2. Something that will happen in time to come: "The future comes apace" (Shakespeare).
3. A prospective or expected condition, especially one considered with regard to growth, advancement, or development: a business with no future.
4. often futures A financial instrument that obligates the holder to buy or sell an asset at a set price on a specified date in the future: a market for copper futures.
a. The form of a verb used in speaking of action that has not yet occurred or of states not yet in existence.
b. A verb form in the future tense.
That is to be or to come; of or existing in later time.
a. commodities or other financial products bought or sold at an agreed price for delivery at a specified future date. See also financial futures
b. (as modifier): futures contract; futures market.
An agreement to buy goods at a fixed date in the future at a fixed price. Futures are sold where the price of goods fluctuates, for example, there are futures for commodities such as fruit, and also it is possible to buy futures in foreign currencies. If the price fluctuates, above the amount agreed the buyer gains; if the price fluctuates below, the buyer loses. Futures are a hedge against uncertainty.