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sugar definition - finance
A popular agricultural product that is derived from sugar cane. Futures and options on sugar are traded on the Coffee, Cocoa, and Sugar Exchange (CSCE), which became a subsidiary of the New York Board of Trade in 1998. To meet delivery terms of the contract, U.S. cane sugars and other foreign-produced sugars can be transmitted.

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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