contract size

contract size definition - business

contract size

In futures and options, the size or amount of an asset to be delivered. For example, stock options nearly always specify 100 shares, while a silver futures contract on the Chicago Mercantile Exchange stipulates 5,000 troy ounces.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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