gasoline[gas′ə lēn′, gas′ə lēn′]
Origin of gasolinegas + -ol + -ine
Origin of gasolinegas + –ol(e) + –ine2.
(usually uncountable, plural gasolines)
- (uncountable, North America) A flammable liquid consisting of a mixture of refined petroleum hydrocarbons, mainly used as a motor fuel; petrol.
- (countable) A certain kind of gasoline.
- The quality of automobile gasolines varies considerably from one country and producer to another.
- The X refinery produces a wide range of gasolines.
Gasoline is defined by its combustion properties rather than by chemical composition, which is quite variable.
- Made from or using gasoline.
From Cazeline (possibly influenced by Gazeline, the name of an Irish copy), a brand of petroleum-derived lighting oil, from the surname of the man who first marketed it in 1862, John Cassell, and the suffix –eline, from Greek ἔλαιον (elaion, “oil, olive oil”), from ἐλαία (elaía, “olive”).
gasoline - Investment & Finance Definition
A commodity product derived from crude oil; it is the largest refined product sold in the U.S. and accounts for about half of national oil consumption. Futures and options contracts on gasoline are traded on the New York Mercantile Exchange based on New York harbor unleaded gasoline, a particular type of gasoline. The futures contracts are based on delivery at petroleum products terminals in the New York harbor, which is the major East Coast trading center that handles much of the imported and domestic shipments. Trading also occurs on other futures exchanges throughout the world.