Definition of Commodity exchange

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TeachMeFinance.com - explain Commodity exchange



Commodity exchange

The term 'Commodity exchange ' as it applies to the area of agriculture can be defined as ' An organization operating under a set of bylaws aimed at promoting trade in one or more commodities by providing services and rules for the conduct of trade'.

Previous 5 Terms:
Commodity certificates
Commodity Credit Corporation (CCC)
Commodity distribution
Commodity Distribution Program
Commodity Distribution Reform Act and WIC Amendments of 1987
Next 5 Terms:
Commodity Exchange Authority
Commodity Futures Trading Commission (CFTC)
Commodity Futures Trading Commission (CFTC) Act of 1974
Commodity Import Programs (CIPs)
Commodity letters of credit (CLOC)




About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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