Excluded Commodity

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Definition: Excluded Commodity

Excluded Commodity
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Full Definition of Excluded Commodity

A term used to describe assets that cannot be traded for cash in the stock market. Interest rate futures, currency contracts, and derivatives are considered excluded commodities because they have no cash value in and of themselves. Rather, they are dependent on speculation of changes in value of actual commodities such as livestock, grains, and other goods.

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https://payrollheaven.com/define/excluded-commodity/
Modern Language Association (MLA):
Excluded Commodity. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 20, 2024 https://payrollheaven.com/define/excluded-commodity/.
Chicago Manual of Style (CMS):
Excluded Commodity. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/excluded-commodity/ (accessed: April 20, 2024).
American Psychological Association (APA):
Excluded Commodity. PayrollHeaven.com. Retrieved April 20, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/excluded-commodity/

Definition Sources

Definitions for Excluded Commodity 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.