cash commodity
Definition
An actual physical commodity which is delivered at the completion of a contract, as opposed to a futures contract on that commodity. A futures contract will specify the number of units of the cash commodity that must be delivered, and also the specific features of the cash commodity. also called actuals.
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Related terms:
exchange of spot, forward contract, long hedge, buying basis, buying hedge, cash forward contract, exchange against actuals, exchange for futures, exchange for physical, exchange versus cash and 
'cash commodity' appears in the definitions of these other terms on BusinessDictionary.com:
delivery notice, cross-hedging, delivery month, delivery
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