Library / English Dictionary

    COMMODITIES EXCHANGE

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    An exchange for buying and selling commodities for future deliveryplay

    Synonyms:

    commodities exchange; commodities market; commodity exchange

    Classified under:

    Nouns denoting man-made objects

    Hypernyms ("commodities exchange" is a kind of...):

    exchange (a workplace for buying and selling; open only to members)

    Meronyms (parts of "commodities exchange"):

    pit ((commodity exchange) the part of the floor of a commodity exchange where trading in a particular commodity is carried on)

    Hyponyms (each of the following is a kind of "commodities exchange"):

    forward market; futures exchange; futures market (a commodity exchange where futures contracts are traded)

    spot market (a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future)

    Credits


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