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FUTURES

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Originally appearing in Volume V11, Page 375 of the 1911 Encyclopedia Britannica.
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FUTURES , a See also:

term used in the produce markets for purchases or sales of commodities to be completed at a future date, as opposed to See also:cash or " spot " transactions, which are settled immediately. See See also:MARKET, and (for a detailed discussion of the question as affecting See also:cotton) COTTON: Marketing and Sup ply.

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