Grading Certificate

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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 ?
Inventories with valid grading certificates in warehouses monitored by NYSE Liffe stood at 227,170 tons as of Feb.
The newly-opened laboratory is the first-of-its-kind in Turkey and will offer IDLCOs expert diamond grading certificates assuring consumers of the quality and value of their diamond purchase.
Our newly established lab in Istanbul will provide diamond grading certificates for loose diamonds and diamond jewellery.
IDLCOs entry is a sign that the market is maturing and consumers and retailers are becoming more aware of the importance of diamond grading certificates," said Allaattin Kameroclu, president of IKO which represents 6000 wholesalers and retailers from the Istanbul region.
GCAL employs some of the top experts in the diamond grading industry and is the only diamond grading company to offer diamond authentication and grading certificates that include photomicrographs of the diamond and direct assessment light performance of the diamond for brilliance and symmetry.
Acquisition of Gemprint's Assets to Provide Anti-Fraud and Anti-Counterfeiting Protection for Collectors Universe's GCAL Diamond Grading Certificates
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.
Gemprint to Provide Anti-Fraud and Anti-Counterfeiting Protection for GCAL Diamond Grading Certificates
With the Gemprint 'fingerprint' on a GCAL grading certificate, we believe the entire diamond distribution channel, from diamond manufacturers to diamond dealers and to jewelry retailers, will have increased confidence in GCAL graded diamonds and the quality grades that are assigned to them," stated Michael Haynes, Chief Executive Officer of Collectors.