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单词 commodity
释义 commodity

A standardized good, which is traded in bulk and whose units are interchangeable. Commodities are mostly the output of the primary sector, that is agriculture and mining, or semi-processed products. Because these goods are standardized, commodity markets can trade spot goods by sample, and can trade in futures and forward contract in commodities.

See also:

spot market, and standardized commodity

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更新时间:2024/11/11 5:07:08