Future

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Future

A term used to designate any contract covering the sale of financial instruments or physical commodities for future delivery on a futures exchange. Alternatively, a future is any forward contract that has been standardized and listed for trading on a futures exchange.

Futures Contract

An agreement to buy or sell an asset at a certain date at a certain price. That is, Investor A may make a contract with Farmer B in which A agrees to buy a certain number of bushels of B's corn at $15 per bushel. This contract must be honored whether the price of corn goes to $1 or $100 per bushel. Futures contracts can help reduce volatility in certain markets, but they contain the risks inherent to all speculative investing. These contracts may be sold on the secondary market, but the person holding the contract at its end must take delivery of the underlying asset. Futures contract are standard instruments; that is, unlike forward contracts, their provisions are standardized. As such, they may be traded on an exchange.
References in periodicals archive ?
First question: Does the efficiency of Futuristic scenarios program differ from the creative problem solving program in developing creative writing and creative problem solving?
Futuristic style must be clean and modern so if you crave clutter, this look may not be for you.
TOP SECRET The band have kept details about the stages under wraps Amazing futuristic stage that U2 will use STAGE FRIGHT
It came about partly through living, driving and cycling in London, and partly through being involved in the creation of futuristic vehicles for Cold Lazarus.
Based upon previous experiences however, the likelihood is that a building constructed in accordance with these designs would have a lifespan of at least 40 years, and thereafter would be demolished and replaced with yet another futuristic building.
V For Verbose, V For Vague or V For Vapid would be equally fitting titles for this futuristic yarn.
ARCHITECT Will Alsop, whose futuristic building design The Cloud was ultimately rejected for Liverpool's waterfront, will nevertheless be celebrated in Liverpool tomorrow night.
Crystall chair by Zaha Hadid for Sawaya & Moroni, displaying a talent for futuristic furniture to match her futuristic architecture.
The first exhibition at the Kunsthalle Bern under its new director, the young Belgian curator Philippe Pirotte, was Anne-Mie van Kerckhoven's "Europaisches Zentrum fur Futuristische Kunst" (European Center for Futuristic Art), which employed a multitude of media, ranging from quill drawing to photographic print, wall painting, video projection, and interactive computer.
TELECOMWORLDWIRE-1 February 2005-Nokia announces futuristic racing game 'System Rush' for N-Gage platform(C)1994-2005 M2 COMMUNICATIONS LTD http://www.
NORDIC BUSINESS REPORT-1 February 2005-Nokia announces futuristic racing game 'System Rush' for N-Gage platform(C)1994-2005 M2 COMMUNICATIONS LTD http://www.
Besides showing off the futuristic iMac G5--in which the entire computer, optical drive, hard disk, speakers, and power supply dwell inside the 2-inch-thick display--Apple demonstrated how its "digital hub" concept supports learning objectives in the classroom.