- A troy ounce is a metric unit for measuring the weight of precious metals.
- A variable price cap is a method of controlling volatility in commodity futures exchanges.
- Variation margin refers to the amount of funds required to secure the level of margin for trading.
- A depository receipt is a document issued to holders of futures contracts, especially for precious metals.
- Visible supply refers to the quantity of some commodity or asset that is available for sale or is in transit to be available.
- Warehouse financing is a way for businesses to borrow money against their inventory.
- A warehouse receipt is used in the futures markets to guarantee the quantity and quality of goods held in a warehouse.
- Weather futures allow businesses to protect themselves from losses caused by unexpected changes in weather conditions.
- Broad basis is a market condition in which the gap between spot prices and futures prices is relatively large.
- The term “wild option” refers to the right to sell a Treasury bond futures contract.