Commodity Futures Trading Commission (CFTC)

Business / Finance / Commodity Futures Trading Commission (CFTC): An agreement to buy a specific amount of a commodity at a specified price on a particular date in the future, allowing a producer to guarantee the price of a product or raw material used in production.

Override Commission

Life Style / Travel / Override Commission: Extra commission paid by suppliers for quantity or volume sales. MORE

Overtrading

Business / Finance / Overtrading: Excessive broker trading in a discretionary account. Underwriters persuade brokerage clients to purchase some part of a new issue in return for the purchase by the underwriter of other securities from MORE

Prearranged Trading

Business / Finance / Prearranged Trading: Possibly fraudulent practice whereby commodities dealers carry out risk-free trades at predetermined prices to acquire tax advantages. MORE

Online Trading

Business / Taxes / Online Trading: If you trade online, you use a computer and an Internet connection to place your buy and sell orders with an online brokerage firm. While the orders you give online are executed immediately while the MORE

One-Hundred-Percent Commission Plan

Business / Real Estate / One-Hundred-Percent Commission Plan: Some firms have adopted a 100 percent commission plan. Salespersons in these offices pay a monthly service charge to their brokers to cover the costs of office space, telephones and supervision in ret MORE

Next Futures Contract

Business / Finance / Next Futures Contract: The contract settling immediately after the nearby futures contract. MORE

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