Examlex
Each of the following would be considered a macroeconomic topic except
Long
An investment strategy where an investor purchases a security with the expectation that it will increase in value over time.
Futures Contract
An agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Underlying Asset
An asset (such as a stock, bond, commodity, or currency) upon which a derivative instrument, such as an option, is based.
Interest Rate Futures
Financial futures contracts that obligate the buyer to purchase an asset (like Treasury bills) with a fixed interest rate at a future date.
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