commodity
71Commodity price index — A commodity price index is a fixed weight index or (weighted) average of selected commodity prices, which may be based on spot or futures prices. It is designed to be representative of the broad commodity asset class or a specific subset of… …
72Commodity value — In the field of economics, the commodity value of a good is its free market intrinsic value under optimal use conditions. In a free market, the commodity value of a good will be reflected by its price. For example, if an acre of land can yield a… …
73Commodity pool — A commodity pool is an investment structure where many individual investors combine their moneys and trade in futures contracts as a single entity in order to gain leverage. They are analogous to mutual funds wherein a fund is similarly set up… …
74commodity exchange — an exchange for the buying and selling of futures contracts on commodities, as butter, coffee, sugar, and grains. [1930 35] * * * Organized market for the purchase and sale of enforceable contracts to deliver a commodity (such as wheat, gold, or… …
75Commodity ETF — Exchange traded funds that invest in physical commodities such as agricultural goods, natural resources and precious metals. A commodity ETF may be focused on a single commodity and hold it in physical storage or may invest in futures contracts.… …
76Commodity Pool — A private investment structure that combines investor contributions to be used in the futures and commodities trading markets. The commodity pool, or fund, is used as a single entity to gain leverage in trading, in the hopes of maximizing profit… …
77Commodity swap — A commodity swap is an agreement where by a floating (or market or spot) price based on an underlying commodity is exchanged for a fixed price over a specified period. A Commodity swap is similar to a Fixed Floating Interest rate swap. The… …
78commodity market — A market in which commodity are traded. The main terminal markets in commodities are in London, New York, and Chicago, but in some commodities there are markets in the country of origin. Some commodities are dealt with at auctions (e. g. tea),… …
79Commodity Credit Corporation — The Commodity Credit Corporation (CCC) is a wholly owned government corporation created in 1933 to stabilize, support, and protect farm income and prices (federally chartered by the CCC Charter Act of 1948 (P.L. 80 806)). The CCC is authorized to …
80Commodity checkoff program — In the United States, a commodity checkoff program collects funds though a checkoff mechanism, sometimes called checkoff dollars, from producers of a particular agricultural commodity and uses these funds to promote and do research on the… …
