actual


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Related to actual: Actual Cost, actual time

Actual

A physical, homogenous commodity underlying a contract. Actuals can be traded on the physical market and delivered immediately, or traded on the futures market and delivered at the completion of the contract. As such, actuals have an intrinsic value. Examples include oil, beef, and diamonds.

actual

In commodities, the physical asset (that is, the commodity) as opposed to a futures contract on that asset.
References in periodicals archive ?
In examining the face-to-face course responses, student preferences compared to their actual perceptions, data indicated that on the scales of Personal Relevance (Preferred m=4.
Estimated Bill--When the DEP can't get to the meter to get an actual read, the estimate read is used as a projected bill amount.
Free distribution outside the mail: Average # 356; Actual # 175
The court found the company had provided reasonable estimates of the actual expenses but rejected this attempt as well.
At what point can the taxpayer adopt alternative methods for determining carryover basis, thereby bypassing the use of actual basis data in the overall carryover basis computation?
In addition to the realism of using an actual school, the exercise gave education officials and police an opportunity to examine how an actual incident might develop.
For loss corporations with NUBIG, the notice does not indicate whether contingent liabilities will give rise to additional BIG when they become fixed and determinable (as they would in the case of an actual Sec.
Data were summarized and given to the experimental teachers in profiles representing class means of students' actual and preferred environment scores.
Sue and labor was intended to compensate insureds for expenses incurred in protecting insured property subject to actual or imminent damage or loss from an insured peril.
Memory deficit was the only problem identified on actual care plan.
But Conroy, along with officials at Davis-Standard and Actual, sees that premium shrinking with the appearance of ABS-specific tooling and extruder screws.
Calibration is operationalized as students' accuracy in predicting and postdicting grades on the two exams and is the absolute difference between the actual grade and the predicted or postdicted grade.