Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
futures contract | Yes | No | No | No |
stock-index futures | Yes | No | No | No |
futures contract (noun) | stock-index futures (noun) |
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an agreement to buy or sell a specific amount of a commodity or financial instrument at a particular price on a stipulated future date; the contract can be sold before the settlement date | a futures contract based on a stock index; a bet on the future price of the indexed group of stocks |