commodity

  • 121commodity pool operator — An individual or organization that operates or solicits funds for a commodity pool. Chicago Board of Trade glossary ( CPO) An individual or firm who accepts funds, securities, or property for trading commodity futures contracts, and combines… …

    Financial and business terms

  • 122commodity-product spread — The simultaneous purchase (or sale) of a commodity and the sale (or purchase) of the products derived from that commodity; for example, buying soybeans and selling soybean oil and meal. This is known as a crush spread. Another example is the… …

    Financial and business terms

  • 123commodity code — A unique symbol used to identify a particular commodity traded on CME for purposes of submitting data into the Clearing System. This code should not be confused with the ticker symbol, which is the code denoting which commodity price is being… …

    Financial and business terms

  • 124Commodity Agreement —    An agreement between producer nations to regulate the output and price of a particular commodity. Producers may agree to limit exports through a quota arrangement, stockpile production or reduce output or plantings. Sometimes action is… …

    Financial and business terms

  • 125Commodity Credit Corporation — The Commodity Credit Corporation (CCC) was organized October 17, 1933, pursuant to Executive Order 6340 of October 16, 1933, under the laws of the State of Delaware, as an agency of the United States. From October 17, 1933, to July 1, 1939, the… …

    Black's law dictionary

  • 126Commodity Futures Trading Commission — An independent agency of the U.S. Government established to administer the Commodity Exchange Act; an Act designed to insure fair practices and honest dealing on the commodity futures exchanges and to provide a measure of control over speculative …

    Black's law dictionary

  • 127Commodity Credit Corporation — The Commodity Credit Corporation (CCC) was organized October 17, 1933, pursuant to Executive Order 6340 of October 16, 1933, under the laws of the State of Delaware, as an agency of the United States. From October 17, 1933, to July 1, 1939, the… …

    Black's law dictionary

  • 128Commodity Futures Trading Commission — An independent agency of the U.S. Government established to administer the Commodity Exchange Act; an Act designed to insure fair practices and honest dealing on the commodity futures exchanges and to provide a measure of control over speculative …

    Black's law dictionary