future
- A type of deal made on a trading exchange where a party commits to purchasing or selling a specific quantity of a commodity at a predetermined price and on a determined future date
- He was worried about the next harvest, so he agreed to a future to secure a good price for his soybeans.
- The investor decided to purchase a future for coffee, hoping the prices will rise.
- In order to protect her business from abrupt price changes, the bakery owner decided to sell wheat in a future.
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