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A small charge added to the purchase price and subtracted from the selling price by the dealer for odd-lot quantities.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


1. The degree of change in quality of the underlying asset on a futures contract that is allowed. Every futures contract specifies the quality of the commodity underlying it that must be delivered in order for the seller to fulfill the contract. The differential allows the seller to deliver a good of a different quality, at least within certain limits. Not all futures contracts allow for differentials.

2. A change in the location of delivery that some futures contracts allow the seller to make at his/her discretion.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


1. In commodities trading, the premium or discount in the futures contract price caused by delivering a commodity that does not exactly meet the standards fixed by the exchange. Allowances for these differentials are included in the contract specifications.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Neutrophil count (Differential leukocyte count)has been evaluated in many studies and was found helpful in increasing the diagnostic accuracy in patients with suspected acute appendicitis.
In present study, differential leukocyte count was performed on all blood smears which had significant implications in treatment and sometimes in declaring prognosis.
Haematologic profile: Blood samples were analyzed for Hb, Total Erythrocyte Count (TEC), PCV, Total Leukocyte Count (TLC) and Differential Leukocyte Count (DLC) using an automated haematology analyzer (Sysmex K21, Kobe, Japan) which was off-hand calibrated with human and bovine blood using multiple samples.
However, the literature reporting the effects of different numbers of cigarettes smoked per day on differential leukocyte count is limited.
The use of the differential leukocyte count for inpatient case finding.
This study confirms the variations in total leukocyte count, absolute eosinophil count, and differential leukocyte count during the different phases of the menstrual cycle.
haemoglobin and differential leukocyte count. Another 5ml of blood was collected in test tube without anticoagulant for harvesting serum for biochemical study.
Effectiveness of differential leukocyte count in case finding in the ambulatory care setting.
Blood parameters were analysed for total leukocyte count and differential leukocyte count on day 0 and 7 days.
These studies, such as the stained blood film review and differential leukocyte count, cost considerable time, labor, and money.
On the basis of these data we believe that total and differential leukocyte counts are of value for identifying those children with potentially serious bacterial infections.

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