futures contract

NOUN
16 LETTERS · STARTS WITH F

futures contract is a valid 16-letter word worth 22 points in Scrabble and 27 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
F4U1T1U1R1E1S1C3O1N1T1R1A1C3T1
4 + 1 + 1 + 1 + 1 + 1 + 1 + 0 + 3 + 1 + 1 + 1 + 1 + 1 + 3 + 1 =22 PTS
DOUBLE WORD → 44TRIPLE WORD → 66
MEANING

What does futures contract mean?

NOUN · 1 SENSE
1

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.