Listen to a Business English Dialogue About And futures contracts
Paisley: Hi Gabriel, do you know about futures contracts?
Gabriel: Hey Paisley, yes, futures contracts are agreements to buy or sell assets at a predetermined price on a specified date in the future.
Paisley: Exactly. They’re commonly used by investors and businesses to hedge against price fluctuations in commodities, currencies, or financial instruments.
Gabriel: That’s right. Futures contracts provide a way to manage risk and potentially profit from market movements without needing to own the underlying asset.