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In Sight
(redirected from sight)

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
In Sight
A term describing deliverable grades of commodities underlying futures contracts that are held in approved delivery facilities near terminals, centralized locations or production areas.

Notes:
When a commodity is considered 'in sight', contract holders can assume that delivery of the actuals will be prompt, and that the quantity and quality will be precise rather than estimated.


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