COMMODITY EXCHANGE

Pronunciation (US): (GB):

Meaning:

An exchange for buying and selling commodities for future delivery

Synonyms:

commodities exchange; commodities market; commodity exchange

Classified under:

Nouns denoting man-made objects

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

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

Meronyms (parts of "commodity 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 "commodity 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)