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 —