Car
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Car
A loose quantity term sometimes used to describe the amount of a commodity underlying one commodity contract; e.g., "a car of bellies." Derived from the fact that quantities of the product specified in a contract once corresponded closely to the capacity of a railroad car.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Car
1. Informal; a loose term for the number of commodities underlying a single contract. The amount varies by commodity.
2. See: CARS.
2. See: CARS.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved