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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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