Allowances
The discounts (premiums) that a buyer is allowed for the grades or locations of a commodity lower (higher) than the par or basis grade or location specified in the futures. Also called differentials.
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The discounts (premiums) that a buyer is allowed for the grades or locations of a commodity lower (higher) than the par or basis grade or location specified in the futures. Also called differentials.
« Back to Glossary of Futures Terms
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