A physical commodity or cash market instrument that qualifies as an acceptable delivery to settle a futures contract. The contract grade must meet specific qualifications outlined by the respective terms of the futures contract.
contract grade - Investment & Finance Definition
Webster's New World Finance and Investment Dictionary Copyright © 2010 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.
Used by arrangement with John Wiley & Sons, Inc.
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"contract grade." YourDictionary, n.d. Web. 14 January 2019. <https://www.yourdictionary.com/contract-grade>.
APA Style
contract grade. (n.d.). Retrieved January 14th, 2019, from https://www.yourdictionary.com/contract-grade
