Sample grade
The term sample grade, in commodities exchange, refers to the lowest quality of a commodity, too low to be acceptable for delivery in satisfaction of futures contracts.
References
- {{CRS|article = Report for Congress: Agriculture: A Glossary of Terms, Programs, and Laws, 2005 Edition|url = http://ncseonline.org/nle/crsreports/05jun/97-905.pdf|author= Jasper Womach}}
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