Limit

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Related to Proportional limit: rupture strength, modulus of resilience, ultimate stress

Limit

Limit

1. The maximum amount of price change a futures contract is allowed to undergo on a given trading day. Limits are mandated by the exchanges on which futures contracts trade, and exist in order to reduce volatility in the market. It is also called a trading limit.

2. The maximum number of transactions in commodities that an individual may make on an exchange on a given trading day. Limits are mandated either by the Commodity Futures Trading Commission or by the exchanges on which commodity contracts trade. It is also called a trading limit.

3. See: Limit order.
References in periodicals archive ?
At the proportional limit state, the SDRs of the TG-reinforced cushion were 1.57 and 1.60, while for the CPE-reinforced cushion, the values were 1.51 and 1.52, which is slightly smaller than that of the TG-reinforced cushion.
Figure 7 shows plots of the proportional limit stresses [Y.sub.cb] and [Y.sub.tpb] versus L.
The simple linear relationship between stress and strain below the proportional limit can be exploited by FEA to perform quick and accurate analyses.
Following increasing levels of bending load, beyond the proportional limit, the acoustic velocity decreased.
Bark blocks tested in the radial direction gave very low values for both the modulus of elasticity and the stress at proportional limit. Values for maximum crushing strength could not be obtained under the conditions employed since the spongy obliterated phloem tissues between the periderm tissues were so weak, and failed continuously, that an abrupt mechanical failure could not be recorded.
Close to the proportional limit, the sample starts to move laterally and to embed in the lower anisotropic strength direction.
From the [sigma]-[epsilon] relation, Young's modulus, proportional limit stress, and compressive strength were determined by the following procedure.
[3], whereas the shear stress at the proportional limit was determined by the stress at the intersecting point of Eq.
Young's modulus, proportional limit stress, and bending strength were calculated by substituting the parameters obtained by the regression into the equations derived from elementary bending theory.
Load deformation data (joint stiffness, proportional limit, 5percent offset yield load and ultimate load) were analyzed using analysis of variance techniques to gauge influence of varying end distance.
Elastic modulus and stress at the proportional limit were determined from each load-displacement curve.

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