#  Futures Contract 

 



An agreement in which a purchaser is obligated to take delivery from a seller who is obligated to deliver a fixed amount for a predetermined price at a specific location; such contracts require a daily payment based on the present value of the agreement in the marketplace and are traded on a centralized exchange and have standardized terms

 

 

 



 

 See also:- [ Glossary ](/miscellaneous/Glossary)
- [ A - F ](/miscellaneous-glossary/f)