Law Dictionary Definitions

FWC.abbr.File-wrapper continuation. See CONTINUATION; CONTINUATION-IN-PART.[Blacks Law 8th]

future value.See VALUE(2).[Blacks Law 8th]

future use.See contingent use under USE(4).[Blacks Law 8th]

futures trading.The buying and selling of futures contracts, usu. on formal exchanges. [Cases: Commodity Futures Trading Regulation 11. C.J.S. Securities Regulation § 456.][Blacks Law 8th]

futures option.See OPTION.[Blacks Law 8th]

futures market.See MARKET.[Blacks Law 8th]

futures contract.An agreement to buy or sell a standardized asset (such as a commodity, stock, or foreign currency) at a fixed price at a future time, usu. during a particular time of a month. • Futures contracts are traded on exchanges such as the Chicago Board of Trade or the Chicago Mercantile Exchange. — Often…

futures-commission merchant.An individual or firm that executes orders to buy and sell futures or futures options.[Blacks Law 8th]

futures,n.1. Standardized assets (such as commodities, stocks, or foreign currencies) bought or sold for future acceptance or delivery. — Also termed financial futures. 2.FUTURES CONTRACT. 3. Future claimants, esp. those who would become members of a class of persons injured by a defendant and thus included in a class action.[Blacks Law 8th]

future performance.See PERFORMANCE.[Blacks Law 8th]