Examlex
The ________ budget is used to evaluate expenditures that will impact the business for more than one year.
Agricultural Futures
Futures contracts that are based on the future price of agricultural products such as wheat, corn, soybeans, and others, used by farmers and investors to hedge risks or speculate.
Actively Traded
Refers to securities or assets that are frequently bought and sold in financial markets, often indicated by high daily volume.
Futures Contract
A legal agreement to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Long Position
The futures trader who commits to purchasing the underlying asset.
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