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FUTURES CONTRACT

An agreement to buy something at a set price on a set date. Nobody in this course is taking delivery of anything — traders buy and sell the agreement itself, like flipping a concert ticket.

A standardized contract to buy or sell an asset at a set price on a future date.

SEE ALSO

TickContractLeverage

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This word comes from the Bidness Academy, a free trading program you can start at zero.

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