Futures contracts in currencies or interest rates. Futures contracts, like forward contracts, commit both sides to a transaction on a future date at a pre-arranged price, but futures contracts can be traded in futures markets. These contracts can be used either for hedging, to reduce the risks traders are exposed to, or for speculation, taking on extra risk for the sake of expected profits. Financial futures are traded in the UK on the London International Financial Futures and Options Exchange (LIFFE).

• public company
• public corporation
• public expenditure
• Public Expenditure Survey Committee
• public finance
• public goods
• public interest
• public limited company
• public ownership
• public procurement
• public sector
• Public Sector Borrowing Requirement
• public sector debt
• Public Sector Debt Repayment
• public spending
• public utility
• public works
• pump priming
• punishment strategy
• purchase tax
• purchasing power
• purchasing power parity
• pure floating exchange rate
• put option
• pyramid scheme