Tuesday, April 14, 2009

Future Business

Futures (business), agreement to deliver a commodity at a future date at a specific price. A commodity refers to any item that can be bought or sold and delivered. Commodities include agricultural products, metals, oil and natural gas, bonds, currencies, and other goods.
Futures, also called futures contracts, are standardized according to the amount of the commodity, the quality, and the exact date of delivery.
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Posted by edz at 10:19 PM

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