Commodities such metals, coffee-and grain which are purchased and offered for use unlike hedging or conjecture by exchanging on a futures contract. Also known as physicals.
physical product or economic instrument. Actual things are delivered to the client before termination dates. AKA cash product or physicals.
Physical product (such as for instance silver, oil, soybeans) and monetary tools (such bonds, certificates of deposit, records). Although trading in actuals is completed because of the actual (physical) distribution into the purchaser, most futures and option agreements tend to be canceled down (exchanged away) ahead of the expiration day without a delivery having happened. Also called money commodity or physicals.