against actuals

against actuals definition - finance
A method of settling a futures contract that is used by two hedgers who want to exchange their futures positions for cash, instead of delivering the actual commodity or underlying financial instrument. Also called an exchange for physicals.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.