Grading Certificate

Grading Certificate

A document that states the quality of a commodity. For example, given a bushel of corn, a grading certificate would indicate whether or not the corn is of a certain caliber. Grading certificates are prepared by professional inspectors and are important to options and futures, which often state the quality that an underlying commodity must have in order to fulfill the contract's terms.
References in periodicals archive ?
You no longer have to rely on a grading certificate or an eager salesperson when it comes to making a fancy color purchase.
The statutes also provide for the reevaluation of a contractor after four years when the validity period of a grading certificate expires, the minister said, adding that the evaluation for the second grading will not be affected by a company's previous grading.
But, he said, Robinson signed off on the drainage plans and told him Zitia has a lot grading certificate and that is all it is required to do.
Every entry receives an inspection visit and entries gaining three, four or five stars are presented with a grading certificate.
A Conference statement said: 'Northwich should have obtained a grading certificate for their new ground by April 1.
She said: 'In time, I will look at achieving further qualifications, such as the Diamond Grading Certificate, or perhaps follow Lisa's route and try for my FGA.
Transparency is enhanced with a grading certificate from a reputable diamond grading laboratory, such as the Gemological Institute of America, that accompanies the diamond through the sales process.
Palmieri produces an industry-exclusive guaranteed diamond grading certificate through Gem Certification & Appraisal Lab, LLC (GCAL), an international forensic gemological certification and grading laboratory.
0 carats submitted for auction with a GCAL grading certificate, other than those with D color and flawless clarity, Christies will list the GCAL certificate in its auction catalog.
Earlier this year, GCAL introduced the Five Star Diamond Grading Certificate which included several services bundled into one certificate at attractive prices, replacing two or more certificates previously purchased by the submitter.
In addition to photomicrographs of the diamond and direct assessment light performance of the diamond for brilliance and symmetry, each GCAL grading certificate includes a Gemprint that will specifically match the diamond to its GCAL certification.
The result of the inclusion of Gemprint in the GCAL process is that GCAL will be able to provide an additional measure of protection against misrepresentations of diamond quality that can occur by, for example, switching a diamond grading certificate issued for a higher quality diamond to a lower quality diamond.