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Long Position
An investment strategy where an investor buys securities with the expectation that they will increase in value.
Commodity Futures
Financial contracts obligating the buyer to purchase an asset, or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.
Price
The amount of money or its equivalent paid or charged for something, often determined by supply and demand.
Standardization
The process of establishing common standards or norms to ensure that products, services, or processes are consistent and compatible.
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