exchange+or+sale+of+commodities

  • 131Ecuador — Ecuadoran, Ecuadorean, Ecuadorian, adj., n. /ek weuh dawr /, n. a republic in NW South America. 11,690,535; 109,483 sq. mi. (283,561 sq. km). Cap.: Quito. * * * Ecuador Introduction Ecuador Background: The Republic of the Equator was one of three …

    Universalium

  • 132futures — Commercial contracts calling for the purchase or sale of specified quantities of a good at specified future dates. The good in question may be grain, livestock, precious metals, or financial instruments such as treasury bills. Up until the time… …

    Universalium