life of contract(redirected from Contract Lives)
Life of Contract
The time between the issue of a futures contract or option and its maturity or expiration. A contract may be traded at any point during its life, subject to the rules of the exchange on which it trades.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
life of contract
In futures or options trading, the period of time in which trading can occur before the expiration or settlement. In general, a longer life makes an option more valuable.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.