commodity money

commodity indices
commodity option

Definition

The use of a specific commodity as a form of money. Commodities such as gold and silver have been used for years as a method of payment. Oil has also become a precious resource that is used in this form.

Recommended Articles from InvestorGuide.com

Related Videos

Nearby Terms

Popular 'Futures' Terms

Browse by Letter: #ABCDEFGHIJKLMNOPQRSTUVWXYZ