We found 2 definitions of commodity exchange from 2 different sources.
Noun |
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commodity exchange - an exchange for buying and selling commodities for future delivery | ||
commodities exchange, commodities market | ||
exchange (chess) the capture by both players (usually on consecutive moves) of pieces of equal value; "the endgame began after the exchange of queens" | ||
forward market, futures exchange, futures market a commodity exchange where futures contracts are traded | ||
pit a surface excavation for extracting stone or slate; "a British term for `quarry' is `stone pit'" |