life-of-contract high Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “life-of-contract high” in the English Dictionary

"life-of-contract high" in Business English

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life-of-contract highnoun [C]

uk   us   FINANCE
the ​highestlevelreached during a particular futurescontract (= a ​financialcontract that must be ​bought or ​sold on an ​agreed future ​date at an ​agreedprice): Cotton ​futures on the New York Cotton Exchange Friday made a new life-of-contract high.
(Definition of life-of-contract high from the Cambridge Business English Dictionary © Cambridge University Press)
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