asked 44.6k views
5 votes
What are futures?

contracts to buy or sell at a specific date in the future at a price specified today

bond yields

claims of ownership in a corporation by the original investors

portions of stock

2 Answers

2 votes

Answer:

contracts to buy or sell at a specific date in the future at a price specified today

Step-by-step explanation:

grad point

3 votes
Futures refer to CONTRACT TO BUY OR SELL AT A SPECIFIC DATE IN THE FUTURE AT A PRICE SPECIFIED TODAY.
Futures are financial obligations that gives the price at which an asset will be sold on a future date. Such arrangements are usually put in place to facilitate trading on a future date.
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