Difference between revisions of "Futures"

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Contracts that require delivery of a commodity of specified quality and quantity, at a specified price, on a specified future date.
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'''Futures''' are [[contract|contracts]] that require delivery of a commodity (or currency in the case of the exchange market) of specified quality and quantity, at a specified price agreed upon today, on a specified future date.
  
 
==Sources==
 
==Sources==

Revision as of 23:35, September 10, 2007

Futures are contracts that require delivery of a commodity (or currency in the case of the exchange market) of specified quality and quantity, at a specified price agreed upon today, on a specified future date.

Sources

http://usinfo.state.gov/products/pubs/oecon/chap12.htm