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Commodity

Trade date

is known as the trade date. This date is important in the financial world as it determines when the transaction will be settled and when the funds will be exchanged.

Understanding the concept of trade date is crucial in the realm of finance. It refers to the date when a trade is carried out, with a specific value date in mind. This value date is significant, as it dictates the timeline for the settlement of the transaction and the exchange of funds. In simpler terms, the trade date sets the wheels in motion for the completion of a financial transaction. So, keeping track of trade dates is essential in managing financial operations effectively.

Cost & Freight

As we delve into the world of finance, one term that often comes up is "cost and freight." This refers to the expenses incurred in getting goods to their designated port. ...

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FCI

(FCI) is a government-owned corporation responsible for procurement, storage, and distribution of food grains across India. The Food Corporation of India, or FCI, is a gove...

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Base Metals

Let's discuss some fundamental concepts in the world of finance - base metals. These are commonly found materials like aluminum, copper, tin, nickel, and lead, which are know...

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Close out price

It In the world of finance, close out price refers to the final value at which the delivery of commodities is resolved for a short sale. This pivotal aspect of trading often...

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