Im having a baby and i love the name Ellie but don't know what the full name should be?
In finance, a futures contract (more colloquially, futures) is a contract between two parties to buy or sell an asset for a price agreed upon today (the futures price) with delivery and payment occurring at a future point, the delivery date.
Futures Price. The price on a futures contract. For example, if an investor enters a futures contract to sell a certain number of barrels of oil in six months for $90 per barrel, the futures price is $90. 1  Facebook.