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/ English Dictionary

COMMODITIES EXCHANGE

Pronunciation (US): Play  (GB): Play

 I. (noun) 

Sense 1

Meaning:

An exchange for buying and selling commodities for future deliveryplay

Synonyms:

commodities exchange; commodities market; commodity exchange

Classified under:

Nouns denoting man-made objects

Hypernyms ("commodities exchange" is a kind of...):

exchange (a workplace for buying and selling; open only to members)

Meronyms (parts of "commodities 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 "commodities 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)

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