Market Terms

We don't know everything about the markets.  We're just devoted to learners.  Taken from those smarter than ourselves, here's how we define Future.

An agreement to buy a specified asset on a specified date for a specified price.  Future contracts are sold on a futures market and are a common practice in day trading.  A futures contract can be fulfilled by either cash or physical delivery of a commodity or asset.  The contract itself can also be traded directly up until the expiration date, and is profitable if traded for more than the initial investment.