Contract Unit

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Definition: Contract Unit

Contract Unit
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Full Definition of Contract Unit

In a futures contract, the specific amount of the commodity that is set to be delivered. The contract unit will differ between contracts, especially between different commodities.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/contract-unit/
Modern Language Association (MLA):
Contract Unit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/contract-unit/.
Chicago Manual of Style (CMS):
Contract Unit. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/contract-unit/ (accessed: April 19, 2024).
American Psychological Association (APA):
Contract Unit. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/contract-unit/

Definition Sources

Definitions for Contract Unit 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: 20th November, 2021 | 0 Views.