Seller's Call

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Seller's Call

A commodity contract in which the parties agree that the seller will determine the price at some point in the future. The contract specifies by when the seller will set the price. The seller informs the buyer that the buyer either will pay a certain price or will purchase equivalent commodity futures on behalf of the seller. See also: Buyer's Call.
References in periodicals archive ?
Children, rather Falsa lovers rush out of their houses as soon as the sellers call out Thanday Methay Falsay.
But she does occasionally sell books through a free, informal network of sellers called "Book Store Junkies." Readers join the listserve and request the titles they want.
In 1996, while other sizable institutions were still debating whether to have an Internet strategy, Countrywide launched both its consumer-oriented Web site and a site for the exclusive use of correspondent sellers called Platinum Lender Access.