Preferred Term:
futures trading
Definition:
An agreement between two people, one who sells and agrees to deliver and one who buys and agrees to receive a certain kind, quality, and quantity of product to be delivered during a specified delivery month at a specified price.
Concept Schemes:
NALT Full
NALT Core
NALT Core
Broader Concept:
Narrower Concepts:
Entry Terms:
- hedge-to-arrive contracts
- futures contracts
- futures exchange
- futures markets
- hedge to arrive contracts
- futures prices
URI:
https://lod.nal.usda.gov/nalt/28150
Download this Concept:
RDF/XMLCreated 2006-01-19, last modified 2017-05-30
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