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Veseljchak [2.6K]
3 years ago
15

What is future contract​

Social Studies
1 answer:
natima [27]3 years ago
6 0

Answer:

In finance, a futures contract is a standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, between parties not known to each other. The asset transacted is usually a commodity or financial instrument.

Explanation:

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