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futures |
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futuresCommercial contracts calling for the purchase or sale of specified quantities of a good at specified future dates. The good in question may be grain, livestock, precious metals, or financial instruments such as treasury bills. Up until the time the contract calls for the delivery of the good, the contract is subject to speculation. Futures contracts originated in the trade in agricultural commodities; for example, American grain farmers were able to sell their harvest in advance on the Chicago Board of Trade, a commodity exchange. |
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| We liked to be alone together that last month, to think the long, long thoughts of youth and talk about our futures. I worked a big deal in futures for their father this morning; nice girls; it's time they were getting married. Sparkling in the sunshine, gleaming under the summer moon, cold and gray beneath a November sky, trickling over the dam in some burning July drought, swollen with turbulent power in some April freshet, how many young eyes gazed into the mystery and majesty of the falls along that river, and how many young hearts dreamed out their futures leaning over the bridge rail, seeing "the vision splendid" reflected there and often, too, watching it fade into "the light of common day. |
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