Meaning of “futures” in the English Dictionary


"futures" in Business English

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futuresnoun [ plural ]

uk /ˈfjuːtʃəz/ us also futures contract [ C ] FINANCE, STOCK MARKET

agreements to buy and sell particular shares, goods, etc. on a particular date in the future at a fixed price. Futures can be traded on financial markets:

corn/gold/oil futures Oil futures topped $88 a barrel for the first time.
Winter wheat was quoted at 57 cents a bushel more than the July futures price.

(Definition of “futures” from the Cambridge Business English Dictionary © Cambridge University Press)