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English definition of “futures”

futures

noun [plural]     /ˈfjuːtʃəz/ (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. currency/bond/dollar futures Winter wheat was quoted at 57 cents a bushel more than the July futures price. → See also commodity futures, death futures, financial futures, index futures, interest rate futures, stock index futures
(Definition of futures noun from the Cambridge Business English Dictionary © Cambridge University Press)
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