Future definition

Future means an agreement, traded on a qualified exchange or qualified foreign exchange, to make or 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.
Future means an agreement traded on a futures exchange to make or take delivery of one or more underlying interests, or to effect a cash settlement based on the actual or expected price, level, performance, or value of those interests.
Future means any Contract for the purchase or sale of any commodity for future delivery.

Examples of Future in a sentence

  • If an Eligible Claimant is compensated for a re-plumb claim, that Eligible Claimant and their residential or commercial structure are no longer eligible to make any Future Property Damage Claims.

  • Future Property Damage Claims for New Leaks are those that are based upon Qualifying Leaks in Covered Products that occur after the Effective Date and during the Claim Period.

  • Eligible Claimants shall receive an initial payment of 70% of their Future Property Damage Claims, and at the end of the Claim Period, the Eligible Claimants shall receive a second pro rata payment which, depending on the claim rate, shall make the total payment up to 80% of their Future Property Damage Claims.

  • The exclusive remedy for Plaintiffs and Settlement Class Members for Past Property Damage Claims and Future Property Damage Claims with respect to Qualifying Leaks through the duration of the Claim Period shall be a Claim from the Net Settlement Fund.

  • Claimants can recover their reasonable Future Property Damage Claims (i.e., amounts reasonably incurred to address Qualifying Leaks).


More Definitions of Future

Future means an agreement, traded on a qualified exchange
Future means a contract to buy or sell a commodity or financial instrument in a designated future date at a price agreed upon at the initiation of the contract by the buyer and seller. Every futures contract has standard terms that dictate the minimum quantity and quality that can be bought or sold, the smallest amount by which the price may change, delivery procedures, maturity date and other characteristics related to the contract.
Future. – means a contract:
Future means a contract that is an "exchange-traded derivatives contract" under section (a) of the definition of "futures contract" in Section 2(1) of the SFA (including, for the avoidance of doubt, short-dated instruments on the same terms as futures that are entered into during the last week of trading and excluding an "exchange-traded derivatives contract which is an option on an exchange-traded derivatives contract" under Section (b) of the definition of "futures contract" in Section 2(1) of the SFA), and including any similar contract treated as such under any Applicable Law, offered for trading by the Exchange whether on the ICE Platform, ICE Block or otherwise and for the avoidance of doubt excluding an Option;
Future means a standardized contract for the delivery of commodities, including certain government securities, sold on designated commodities exchange.
Future means a contract which is traded on an exchange, subject to a Primary Margin Requirement and which is:
Future means expectations within the next 3 years following the end of the project