futures contract

C4215
concept

A futures contract is a standardized legal agreement traded on an exchange to buy or sell a specific asset at a predetermined price on a set future date.

All labels observed (2)

Label Occurrences
futures contract canonical 8
crude oil futures symbol 1

Description generation (CDg)

The one-sentence description above was generated by prompting gpt-5.1 with the class name and this instruction.

Instruction
generate a one-sentence description for a given conceptual class.
# Response Format
Return only the sentence: "Description: [one-sentence description of the conceptional class]"
Input
Class: futures contract
Generated description
A futures contract is a standardized legal agreement traded on an exchange to buy or sell a specific asset at a predetermined price on a set future date.

Instances (9)

Instance Via concept surface
U.S. Treasury futures
CME livestock futures
CME Ether futures
CME FX futures
CL crude oil futures symbol
Minneapolis HRS wheat
VIX futures
WTI crude oil futures
ES