Im having a baby and i love the name Ellie but don't know what the full name should be?
In finance, a futures contract (more colloquially, futures) is a contract between two parties to buy or sell an asset for a price agreed upon today (the futures price) with delivery and payment occurring at a future point, the delivery date.
According to Dow-Futures.net, a future is a standardized contract to buy or sell a specified commodity of a standardized quantity at a certain date in the future at a market determined price. There are futures contracts based on oil, corn and currencies and more.