What is CONTRACT UNIT?

The amount of the fundamental asset presented through a derivatives deal. For example, the unit of a fold contract signifies 100 ounces of gold. Also known as Trading Unit.

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Related Legal Terms
UNIT PRICE CONTRACT, COMMERCIAL UNIT, MODEL UNIT, MONETARY UNIT, CONSUMER UNIT (CU), CONTRACT MARKET, SALES UNIT, BRITISH THERMAL UNIT (BTU), BUSINESS UNIT, GOLD


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