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Commodity

Warehouse Receipt

It is issued by the warehouse operator on behalf of the owner of the goods, and serves as proof of ownership and a negotiable instrument in financial transactions.

A Warehouse Receipt is a crucial document that validates the ownership or possession of a commodity stored in a licensed warehouse. This document is issued by the warehouse operator on behalf of the owner of the goods. It not only serves as evidence of ownership, but also acts as a transferable instrument in financial dealings. In simpler terms, it is a certificate that confirms the existence and control of commodities within a warehouse.

NCDEX

Welcome to the National Commodity and Derivative Exchange of India, an online platform for commodity trading in India. This exchange is promoted by some of the leading finan...

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Arbitration

Arbitration is a method of conflict resolution that involves a neutral third party, known as an arbitrator, who listens to the arguments of both parties and makes a decision...

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Delivery notice

A clearing member's declaration to deliver a predetermined amount of a commodity to fulfill a short futures contract is known as a delivery notice. This notice serves as a c...

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AGDP

The Agricultural Gross Domestic Product is a key economic indicator that measures the total value of all goods and services produced within a country's agricultural sector. ...

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