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commodity exchange

noun
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Definition of commodity exchange

: an organized market where future delivery contracts for graded commodities (as grains, cotton, sugar, coffee, wool) are bought and sold

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“Commodity exchange.” The Merriam-Webster.com Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/dictionary/commodity%20exchange. Accessed 12 December 2019.

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