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Define futures contract.​
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Define futures contract.​

User Uche
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Answer: an agreement traded on an organized exchange to buy or sell assets, especially commodities or shares, at a fixed price but to be delivered and paid for later.

Step-by-step explanation:

User John Browne
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A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange
User Louisgab
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