HomeDefinitionsCompareDebt Underlying futures contractThe financial definition for Underlying futures contract:A futures contract that supports an option on that future, which is executed if the option is exercised . Similar MatchesUnderlying assetUnderlying assetThe security or property or loan agreement that an option gives the option holder the right to buy or to sell. Underlying debtUnderlying debtMunicipal bonds issued by government entities but under the control of larger government entities and for which the larger entity shares the credit responsibility. Click to compare definitions of Underlying futures contract Click to view definitions beginning un |