The group sold forward a mammoth 3.5 million ounces of gold.
Financial and business terms. 2012.
sell — ▪ I. sell sell 1 [sel] verb sold PTandPP [səʊld ǁ soʊld] 1. [intransitive, transitive] COMMERCE to give someone property, assets, goods, services etc in return for money: • Chrysler plans to raise c … Financial and business terms
pitch — pitch1 W3 [pıtʃ] n ▬▬▬▬▬▬▬ 1¦(sports field)¦ 2¦(strong feelings/activity)¦ 3¦(music)¦ 4¦(persuading)¦ 5¦(baseball)¦ 6¦(black substance)¦ 7¦(ship/aircraft)¦ 8¦(slope)¦ 9¦(street/market)¦ ▬▬▬▬▬▬▬ [Sense: 1 … Dictionary of contemporary English
point — 1 /pOInt/ noun 1 IDEA (C) a single fact, idea, or opinion that is part of an argument or discussion: There was one point on which everyone agreed. | She had brought a list of points for discussion. | One important point must be borne in mind. |… … Longman dictionary of contemporary English
price — A fixed value of something. Prices are usually expressed in monetary terms. In a free market, prices are set as a result of the interaction of supply and demand in a market; when demand for a product increases and supply remains constant, the… … Financial and business terms
market — Usually refers to the equity market. The market went down today means that the value of the stock market dropped that day. Bloomberg Financial Dictionary * * * ▪ I. market mar‧ket 1 [ˈmɑːkt ǁ ˈmɑːr ] noun 1. [countable] COMMERCE the activity of… … Financial and business terms
put — An option contract giving the buyer the right to sell something at a specified price within a certain period of time. A put is purchased in expectation of lower prices. If prices are expected to rise, a put may be sold. The seller receives the… … Financial and business terms
push — push1 W2S1 [puʃ] v ▬▬▬▬▬▬▬ 1¦(move)¦ 2¦(button/switch)¦ 3¦(try to get past)¦ 4¦(encourage)¦ 5¦(persuade)¦ 6¦(change)¦ 7¦(increase/decrease)¦ 8¦(army)¦ 9¦(advertise)¦ 10¦(drugs)¦ … Dictionary of contemporary English
Put — An option granting the right to sell the underlying futures contract. Opposite of a call. The New York Times Financial Glossary * * * ▪ I. put put 1 [pʊt] verb put PTandPP putting PRESPART … Financial and business terms
contract — a legally binding agreement between two or more parties. Glossary of Business Terms A legally enforceable agreement between two or more parties for performing, or refraining from performing, some specified act; e.g., delivering 5,000 bushels of… … Financial and business terms
Contract — A term of reference describing a unit of trading for a financial or commodity future. Also, the actual bilateral agreement between the buyer and seller of a transaction as defined by an exchange. The New York Times Financial Glossary * * * ▪ I.… … Financial and business terms
