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Car

• A loose quantity term sometimes used to describe the amount of a commodity underlying one commodity contract; e.g., a car of bellies. Derived from the fact that quantities of the product specified in a contract used to correspond closely to the capacity of a railroad car.

 
 Embedded terms in definition
 Commodity
Contract
E
G
Underlying
 
 Referenced Terms
 Approved carriers: Refers to armored Car services which are approved by the exchange for the transportation of precious metals.

 Cumulative abnormal return: Abbreviated Car. Sum of the differences between the expected return on a stock and the actual return that comes from the release of news to the market.

 Lot: Is one contract, Car, or unit of trading in the commodities markets.

 Perquisites: Personal benefits, including direct benefits, such as the use of a firm Car or expense account for personal business, and indirect benefits, such as up-to-date office d cor.

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