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单词 CONVERSION FACTOR
释义

A multiplicative factor that is applied to a DELIVERABLE ASSET under an EXCHANGETRADED DERIVATIVE contract to determine the precise amount that needs to be delivered. Since different types and grades are often deliverable, the seller of the contract must use a conversion factor to make the appropriate adjustment. See also CHEAPEST TO DELIVER.

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更新时间:2025/1/13 22:44:44