Business / Agriculture / Northern Europe (NE) Cotton Price: An average of the five lowest prices of several internationally-traded cottons (including cost, insurance, and freight) quoted for delivery in Northern Europe. The NE price is used by USDA in its formula for calculating the adjusted world price, used in administering marketing assistance loan and step 2 payment benefits under the cotton price support program.
Price Noun Synonyms: charge, cost, expense, expenditure, outlay, payment, amount, figure, fee, quotation, appraisal, value, valuation, evaluation, worth
Price Verb Synonyms: sacrifice, toll, penalty, cost, consequence
Business / Agriculture / Price Index: Current price expressed as a proportion to the same price in an earlier time period, commonly called the base period. Monthly price indexes computed by the National Agricultural Statistics Service are MORE
Business / Taxes / Price Improvement: Price improvement occurs when you pay less or receive more on a securities transaction than the bid and offer prices being currently quoted. In other words, the price you pay to buy is lower than the MORE