Hundred Weight


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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.
References in periodicals archive ?
2818, and provided for an increase in fees, paid for by each importer or consignee of tea, of from 3.5 cents to .10 cents per hundred weight.
There are lovely little pubs that still have proper ale pumps on the bar, wooden beams, brass ornaments, frayed seat cushions, tables crying out for the attention of French polishers, that red patterned carpet you see in all real hostelries and that stale pubby smell born of a half hundred weight of Old Holborn the night before.
The 1998 feeder calf prices were about $12 per hundred weight (cwt) lower than in 1997, and wheat prices were down about 50 cents per bushel.
Measuring five feet across and having an area of fifteen square feet, it weighed fifteen hundred weight and boasted a pendulum of two hundredweight, a main wheel and barrel and a bed of three hundredweight.
On a per hundred weight basis, both wheat and barley are approximately $.04/ pounds, suggesting that the feed value for wheat is currently an effective floor under wheat prices.
So buy a half hundred weight of vitamins and start eating them like there is no tomorrow, determined not to get the flu.