Life of Contract

This Issue in United States

Concept of Life of Contract in Futures Trading

In this context of financial law, the following is a definition of Life of Contract: Period between the beginning of trading in a particular futures contract and the expiration of trading. In some cases, this phrase denotes the period already passed in which trading has already occurred. For example, ‘The life-of-contract high so far is $2.50.’ Same as life of delivery or life of the future.