An EXCHANGETRADED DERIVATIVE contract that permits the purchaser to buy, and the seller to sell, an ASSET at a predetermined future price and delivery date. Standardized futures contracts are available on assets/securities

An agreement within a mortgage allowing a borrower to get more money and increase a mortgage principal without redoing all existing paperwork on the existing mortgage. P

Scheduling technique where a specific project completion date, possibly years in the future, must be met. From that future date back to current time, the steps and the durations needed are calculated

Disability benefits improvement at specific listed times during the plan or contract without rechecking insurability.

Affectivity future date for allowing privilege of possession and property use.

An obligation under a contract that will occur in the future.

Calculated future value of a current investment’s value using compounded, projected interest values. Or, calculated future value of a current investment’s value using discounts at projected discount rates.

Similar to future value, payments and accrued interest factor in this calculation method.

An EXCHANGEtraded OPTION contract granting the buyer the right, but not the obligation, to buy a FUTURES contract at a prespecified STRIKE PRICE. See also FUTURES PUT.

Futures contracts broker. Required to register with the Commodity Futures Trading Commission (CFTC). Margin-loan provider. Accountable for securing transactions. Can be an individual or an organization. T

Agreement to buy or sell a commodity, financial instrument, or security, on a stated future date, at a specified price; made binding when conducted on-the-fly, on-the-trading-floor. Standardized agreements for quantity, quality, delivery

Standardized, constant value stated by an exchange. Futures stock index calculates to a dollar value when a traded commodity price is multiplied by this constant.

Trading center exclusively for trading futures contracts and commodity / financial instrument options. This entity has set rules and regulations. Establishes a market for buyers and sellers. Chicago Board Of Trade, Chicago

Trading market for buying and selling commodities and future delivery contracts. Provides a place for hedging and speculating, complementary activities. Mitigates wild price fluctuations when gluts and shortages occur.

An EXCHANGEtraded OPTION contract granting the buyer the right, but not the obligation, to buy or sell a FUTURES contract at a prespecified STRIKE PRICE. See also FUTURES CALL, FUTURES PUT.

An EXCHANGEtraded OPTION granting the buyer the right, but not the obligation, to sell a FUTURES contract at a prespecified STRIKE PRICE. See also FUTURES CALL.

Using several methodologies, like computer modeling and Delphi method, in an intensive study of historical and current trends as a systematic attempt to predict future developments. Contingency, long range, and strategic planning