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Crack |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.02 sec. |
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Crack A spread in which an investor has a long position in crude oil futures and a short position in refined oil futures. This allows the investor to create an artificial position on the price of refining oil. Refineries are the most likely to enter into a crack spread. See also: Crush spread. 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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| Instead of cracking a book, students can surf the Internet to obtain instructional texts and place book orders with CSUN's main campus library - which will dispatch couriers to the new campus on a daily basis. |
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