Index futures

Definition:

A futures contract on an index (such as a foreign stock index) in the futures market.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Best-interests-of-creditors test

The requirement that a claim holder voting against a plan of reorganization must receive at least as much as if the debtor were liquidated.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio