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FUTURES CONTRACT MULTIPLE

\fjˈuːt͡ʃəz kˈɒntɹakt mˈʌltɪpə͡l], \fjˈuːt‍ʃəz kˈɒntɹakt mˈʌltɪpə‍l], \f_j_ˈuː_tʃ_ə_z k_ˈɒ_n_t_ɹ_a_k_t m_ˈʌ_l_t_ɪ_p_əl]\

Definitions of FUTURES CONTRACT MULTIPLE

1910 - Black's Law Dictionary (2nd edition)

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Standardized, constant value stated by an exchange. Futures stock index calculates to a dollar value when a traded commodity price is multiplied by this constant.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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