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futures contract

   Also found in: Financial, Wikipedia, Hutchinson 0.12 sec.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.futures contract - 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
derivative instrument, derivative - a financial instrument whose value is based on another security
stock-index futures - a futures contract based on a stock index; a bet on the future price of the indexed group of stocks


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Meanwhile, the London Metal Exchange (LME) short-term futures contract for February in g-p blown film butene LLDPE sold at 50.
Since the March contract became the front-month futures contract, basis has softened.
Cash is king in this market, as well: Although nearby natural gas is 5cents/unit, futures contract prices rise to more than 8cents in December and 9cents in February.
 
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