Commodity - Law Dictionary Search Results
Barter
Barter, to exchange one commodity for another, or truck wares for wares. Means the trade by excluding one commodity or service for another,
Allowance
mean or average taken, and the rest tared accordingly. Super-tare is an additional allowance or tare where the commodity or package exceeds a certain weight. The remainder, after the allowance of tare, is called the suttle weight;
Consumers surplus
The excess that a purchaser would be willing to pay for a commodity over that he does pay rather than go without the commodity called also consumers rent
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naked
or of exclusive control, use, or possession 2 : not backed by the option writer's ownership of the commodity, the contract for the commodity, or the security
future
traded on an exchange in which a party agrees to buy or sell a quantity of a bulk commodity (as soybeans) at a specified future date and at a set price usually used in pl. NOTE: If
contract
a privately negotiated investment contract in which a buyer commits to purchase something (as a quantity of a commodity, security, or currency) at a predetermined price on a set future date called also forward futures contract :
barter
barter : to trade by exchanging one commodity or service for another vt : to trade or exchange by or as if by bartering compare sell
utility
for some purpose or worth to some end 2 a : public utility b : a service or commodity provided by a public utility [paid for rent and utilities] ;also : equipment or material used in providing
Contraband
laws of a particular state or by special treaties; also a term applied to designate that class of commodities which neutrals are not allowed to carry during war to a belligerent power. It is a recognized general
Retail
The sale of commodities in small quantities or parcels opposed to wholesale sometimes the sale of commodities at second hand
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