The physical commodities underlying a futures contract. Cash commodity, physical asset.

Real costs, sales, etc., that have occurred, rather than estimations or expectations.

Refers to physical commodities that can be shipped, stored or processed. Also called physicals.

Definition An actual physical commodity which is delivered at the completion of a contract, as opposed to a futures contract on that commodity. A futures contract will specify the number of units of t [..]

An actual physical commodity someone is buying or selling, e.g., soybeans, corn, gold, silver, Treasury bonds, etc.

The physical or cash commodity, as distinguished from a commodity futures contract. Also see Cash

Also termed cash commodity, physical. In a future contract, the actual underlying physical commodity.

The amount and grade – or quality – actually delivered in any sort of commodity trade, as opposed to the amount/grade/quality specified in the contract, or where optionality exists.

The physical or cash commodity, which is different from a futures contract. See Cash commodity.

Refers to actual physical commodities, as distinguished from futures.

actual|lang=en (Accounting) Documented historical results. ''This years projections are above prior year actuals by five percent.'' (Business) Physical commodities or financial instruments whi [..]

The physical commodities underlying a futures contract. Cash commodity, physical asset.