Search

Futures Contract

A "futures contract" is a legally binding agreement to buy or sell a commodity or financial instrument in a designated future month at a price agreed upon today by the buyer and seller.

 

Top Searched Terms

 
 
                    

    Browse Glossary :
A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z  All
Advertisement

Answers
  

Quiz of the Day
    Q: A "prepayment penalty" is always included in mortgage loan documents:

Word of the Day
   Date of Issue

"Date of issue," in connection with bonds, refers to the date that the bond is issued and when interest starts to accrue for the benefit of the bondholder. In connection with stocks, "date of issue" refers to the date the stocks first begin public trading.
Go to Definition
Copyright © E-PersonalFinance.com. All rights reserved.
No part of the content or the data or information included herein may be reproduced, replicated or redistributed without the prior written permission of E-PersonalFinance.com.
Use of this site is governed by our Terms of Use Agreement and Privacy Policy.