An agreement to buy a specified asset on a specified date for a specified price. Future contracts are sold on a futures market and are a common practice in day trading. A futures contract can be fulfilled by either cash or physical delivery of a commodity or asset. The contract itself can also be traded directly up until the expiration date, and is profitable if traded for more than the initial investment.
Future
Market Terms
We don't know everything about the markets. We're just devoted to learning. Taken from those smarter than ourselves, here's how we define Future.