Deliverable Grades
Definition
The standard grades of commodities or instruments listed in the rules of the exchanges that must be met when delivering cash commodities against futures contracts. Grades are often accompanied by a schedule of discounts and premiums allowable for delivery of commodities of lesser or greater quality than the standard called for by the exchange. Also referred to as contract grades.
Related Terms Other terms related to 'Deliverable Grades' starting with the letter 'D' Delta, Delivery Month, Daily Trading Limit, Discretionary Account, Delivery Points Browse by Letter » A B C D E F G H I L M N O P R S T U V W Y
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