coffee
coffee definition - finance
An
agricultural product and one of the most popular drinks in the world. Coffee
futures and options are traded on the Coffee, Sugar & Cocoa Exchange
(CSCE), which became a subsidiary of the New York Board of Trade in 1998. The coffee futures contract
traded on the CSCE calls for delivery of washed Arabica coffee beans which are
grown in several Central and South American, Asian, and African countries.
Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
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