Basis Grade

The minimum accepted standard that a deliverable commodity must meet to be used as the actual of a futures contract. Also known as "par grade" or "contract grade."

Basis grade is important for futures investors for maintaining uniformity, since a given commodity (e.g. oil) may vary drastically in quality. For example, the basis grade of crude futures contracts is set according to certain levels of hydrogen and sulfur in crude oil.


Investment dictionary. . 2012.

Look at other dictionaries:

  • basis grade — The grade of a commodity used as the standard of the futures contract. Exchange Handbook Glossary …   Financial and business terms

  • BASIS Charter School — is a school in Tucson, Arizona. In 2006, its High School was named # 3 on Newsweek s Top 1200 High Schools list, #6 in 2007, and #1 in 2008. [http://www.newsweek.com/id/39380 GT1=43001 The Complete List: 1,300 Top U.S. Schools ] , Newsweek , May… …   Wikipedia

  • Grade retention — or grade repetition is the process of having a student who repeats a course, usually one previously failed. Students who repeat a course are referred as repeaters . [ [http://dictionary.reference.com/browse/repeater] Definition of repeater,… …   Wikipedia

  • Basis — Basis, die Grundlage; in der Geometrie ist B. die Grundlage einer Figur, z.B. bei einem Cylinder eine seinen Flächen, bei dem Kegel der Kreis, auf welchem er errichtet ist; in der Geodäsie (Feldmeßkunst) die auf dem Terrain gemessene gerade Linie …   Herders Conversations-Lexikon

  • Grade (education) — GPA redirects here. For other uses, see GPA (disambiguation). Academic grading Africa Egypt • Kenya • Morocc …   Wikipedia

  • basis — 01. We have staff meetings on a regular [basis]. 02. What exactly is the [basis] of his complaint? 03. Community colleges generally teach [basic] survival skills to immigrants in their ESL classes. 04. Although Norm is a little aggressive in… …   Grammatical examples in English

  • GRADE — Dieser Artikel wurde im Projekt Bildung zur Verbesserung eingetragen. Hilf mit, ihn zu bearbeiten und beteilige dich an der Diskussion! Vorlage:Projekthinweis/Wartung/Bildung Folgendes muss noch verbessert werden: Inhaltlich überarbeiten, der… …   Deutsch Wikipedia

  • Basis Bonn — 50.7571337.06595 Koordinaten: 50° 45′ 25,7″ N, 7° 3′ 57,4″ O …   Deutsch Wikipedia

  • grade —    1. Inclination or slope [16].    2. The class of a cave survey on the basis of the precision of the instruments and the accuracy of the methods [25] …   Lexicon of Cave and Karst Terminology

  • der-, heavy basis derǝ-, drē- —     der , heavy basis derǝ , drē     English meaning: to cut, split, skin (*the tree)     Deutsche Übersetzung: ‘schinden, die Haut abziehen, abspalten, spalten”     Note: Root der , heavy basis derǝ , drē : “to cut, split, skin (*the tree)”… …   Proto-Indo-European etymological dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.