commodities exchange
1
4.8
- noun
- /kəˈmɒdɪtiz ɪksˈʧeɪndʒ/
- Specialized
:
bolsa de materias primas
- At the commodities exchange yesterday, Adam Haber, head trader for Pioneer Options Group, a commodity trading firm, was in his element as coffee futures surged again.
- stock and commodities exchange
So it has a price and that price will fluctuate and you can then bet on the commodities exchange.
- So it has a price and that price will fluctuate and you can then bet on the commodities exchange.
- Boston, Philadelphia, Chicago, where the current the commodities exchange was, San Francisco where the gold was being produced.
Examples
-
All former Communist states are readily introducing the institutions of a market economy: stock and commodity exchanges, commercial banks, insurance companies, and auditing firms.
Academic text (1992) -
On one side were Western economies based on commodity exchanges characterized by an easy alienability of the commodity object from its often anonymous producers and sellers.
Academic text (1997) -
Boston, Philadelphia, Chicago, where the current the commodities exchange was, San Francisco where the gold was being produced.
-
With the money his father left him, Hefferman bought a seat on the commodities exchange.
Fiction book (2001) -
Outside the screaming commodities exchange, Hefferman led a quiet life.
Fiction book (2001) -
Futures trading is being undertaken in a number of commodities at various commodity exchanges around the world.
Academic text (1992) -
It's a domino effect that can trace a direct line from the end consumer all the way to some raw materials production and trading on the commodities exchange floor.
Blog text (10) -
Purely commercial institutions (stock and commodity exchanges, banks, insurance and auditing firms) that consult with separate enterprises in building their MISs.
Academic text (1992) -
An agricultural economist who knows the tonnage of next year's carryover of soybeans does not, by that fact, possess information valuable on the commodity exchanges.
Academic text (1992) -
Not long after dropping out of Roosevelt College, Earle had scared up enough money to buy a seat on the commodities exchange, where he made a killing in aluminum.
Synonyms
707
1.0
A place where people buy and sell food and other items
191
5.8
A place where people buy and sell stocks
5
4.4
A place where buyers and sellers agree to exchange goods later at a fixed price
4
4.2
A market where people buy and sell raw materials like oil, grain and metals, often for future delivery
1
5.6
A market where people trade standard agreements to buy or sell goods and shares later
1
5.5
An organized market where people buy and sell raw materials, often for delivery in the future
How Big
- Specialized
1
4.8
- UK
1
3.1
Surface Forms
Morphology
The meaning is directly compositional: an 'exchange' (a formal market) for 'commodities' (raw materials), so the phrase denotes a market where commodities are traded. This noun‑noun combination follows a common, cross‑linguistic pattern and would be understandable to a B1 learner who knows the constituent words, despite the slightly specialized financial register.
Etymology
Commodities exchange comes from the image of a busy market where people bring commodities such as grain or oil and traders exchange them, often using paper contracts to buy goods to be delivered later. So it means 'an organized market where raw materials are bought and sold, often for future delivery'.