Contract Grades

Business, Legal & Accounting Glossary

Definition: Contract Grades


Contract Grades


What is the dictionary definition of Contract Grades?

Dictionary Definition


The standard grades of commodities or instruments as determined by the government and/or the exchange that must be met when delivering income against futures contracts. Differences in grades can sell at a premium or a discount. also called basis grades, deliverable grades.


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Contract Grades. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 23, 2024 https://payrollheaven.com/define/contract-grades/.
Chicago Manual of Style (CMS):
Contract Grades. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/contract-grades/ (accessed: April 23, 2024).
American Psychological Association (APA):
Contract Grades. PayrollHeaven.com. Retrieved April 23, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/contract-grades/

Definition Sources


Definitions for Contract Grades are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd October, 2021 | 0 Views.