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Definition of “futures” - English Dictionary

"futures" in Business English

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futuresnoun [plural]

uk   us   /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 ​fixedprice. Futures can be ​traded on ​financialmarkets: 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.
(Definition of futures from the Cambridge Business English Dictionary © Cambridge University Press)
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