Commercial Grain Stocks
Domestic grain in store in public and private elevators at important markets and grain afloat in vessels or barges in lake and seaboard ports. |
Similar financial terms
Commercial paperShort-term, unsecured promissory notes issued by corporations with a high credit ratings. Their maturity ranges up to 270 days.
Commercial draft
Demand for payment.
Commercial risk
The risk that a foreign debtor will be unable to pay its debts because of business events, such as bankruptcy.
Commercial Paper
Short-term promissory notes issued in bearer form by large corporations, with maturities ranging from 5 to 270 days. Since the notes are unsecured, the commercial papers market generally is dominated by large corporations with impeccable credit ratings.
Grains
Refers to the commodity futures markets for corn, oats, and wheat. A broader definition would include soybeans.
Margin account (Stocks)
A leverageable account in which stocks can be purchased for a combination of cash and a loan. The loan in the margin account is collateralized by the stock and, if the value of the stock drops sufficiently, the owner will be asked to either put in more cash, or sell a portion of the stock. Margin rules are federally regulated, but margin requirements and interest may vary among broker/dealers.
Listed stocks
Stocks that are traded on an exchange.
Certificated or Certified Stocks
Stocks of a commodity that have been inspected and found to be of a quality deliverable against futures contracts, stored at the delivery points designated as regular or acceptable for delivery by a commodity exchange. In grain, called "stocks in deliverable position".
