Futures in the United States
Future Value
To figure the future value of a loan, use the TimeValue Software Future Value Calculator, the Pine Grove Compound/Simple Interest Calculator and/or the “Finance Interest” feature on MegaConverter.com. See present value in this legal Encyclopedia.
Futures Contracts
A futures contract is an agreement to sell or buy something at a future date. In most cases, that “something” is a specific quantity of a commodity. For more information on futures contracts, see here.