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COMMODITY EXCHANGE
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
An exchange for buying and selling commodities for future delivery
Synonyms:
commodities exchange; commodities market; commodity exchange
Classified under:
Nouns denoting man-made objects
Hypernyms ("commodity exchange" is a kind of...):
exchange (a workplace for buying and selling; open only to members)
Meronyms (parts of "commodity 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 "commodity 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)
