Business and Personal Finance Dictionary

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• COMMODITY OR COMMODITIES
  
  Are often viewed as the futures markets on both physical and financial items. Sometimes, commodities is used more narrowly to refer to physical goods such as, gold, silver, wheat, and pork bellies. Then financial futures would refer to stock indices, eurodollars, treasuries, currencies, and other security-type instruments. In a more restrictive sense, commodity or commodities refer to the actuals in the spot market.
  
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