What Does Future Mean?

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What does Future mean? Read on to discover the definition & meaning of the term Future - to help you better understand the language used in insurance policies.

Future

Future

An agreement traded on a futures exchange, to make, take delivery of, or effect a cash settlement based on the actual or expected price, level, performance, or value of one or more underlying interests.

We hope the you have a better understanding of the meaning of Future.

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