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Hundred Weight |
Also found in: Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.04 sec. |
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Hundred Weight 100 pounds. Cwt is used in some futures contracts and other derivatives in which the weight of the underlying asset is required. For example, a contract may state that the seller will deliver 3 Cwt, meaning 300 pounds. This convention has been in use in the United States since the 19th century. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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