Resource title

Futures/Futures Contracts

Resource image

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Resource description

A futures contract is a commitment to make or take delivery of a specific quantity of a commodity or other financial obligation at a predetermined place and time in the future. All terms of the contract are standardized and established beforehand, except for the price, which is determined by open outcry in a pit or ring on the exchange trading floor of a commodity exchange.

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Resource publisher

Resource publish date

Resource language

en

Resource content type

text/html

Resource resource URL

http://www.referenceforbusiness.com/encyclopedia/For-Gol/Futures-Futures-Contracts.html

Resource license

Copyright © 2011 Advameg, Inc.