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)

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