Futures


Also found in: Dictionary, Thesaurus, Medical, Financial, Acronyms, Idioms, Encyclopedia, Wikipedia.

Futures

Contracts that promise to purchase or sell standard commodities at a forthcoming date and at a fixed price.

This type of contract is an extremely speculative transaction and ordinarily involves such standard goods as rice or soybeans. Profit and loss are based upon promises to deliver—as opposed to possession of—the actual commodities.

See: portfolio
References in periodicals archive ?
Plastics futures were developed by LME's Plastics Committee, which includes representatives of Basell Polyolefins, BP Chemicals, Dow Chemical, and Nova Chemicals.
assistant secretary of the Army for acquisition, logistics and technology, said the money being spent on changing the current force into a future force is closely managed.
Politically mandated futures don't develop, because the forces behind them are artificial While many of the scientific achievements of the space program were certainly impressive (and many have indeed changed people's lives), the cultural Space Age that author Topham examines in his pages was an illusion.
The remedy to the questions posed by these scenarios lies in futures research and in preparing law enforcement officers to have the capacity not only to manage change but also to thrive on it.
The PWG did not make specific recommendations about the regulation of traditional exchange-traded futures markets that use open outcry trading or that allow trading by retail investors.
This article explores the reasons for incorporating the identification of future trends of librarianship into library planning and marketing efforts.
Occasionally, warnings are heard in the newsabout stock index futures and their relationship to computerized "program trading," usually when the stock market's euphoria is interrupted by a brief plunge, like the 116-point dive it took in 71 minutes on January 23.
Exchange rate and interest rate swaps, together with financial futures and options, have become important means by which currency and interest rate risks are shifted to those more willing to take them on.