/ English Dictionary |
STOCK-INDEX FUTURES
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A futures contract based on a stock index; a bet on the future price of the indexed group of stocks
Classified under:
Nouns denoting communicative processes and contents
Hypernyms ("stock-index futures" is a kind of...):
futures contract (an agreement to buy or sell a specific amount of a commodity or financial instrument at a particular price on a stipulated future date; the contract can be sold before the settlement date)