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Profit or Loss
The financial result of a company's operations and activities for a specific period, indicating the difference between revenues and expenses.
Ounce
A unit of weight used primarily in the United States, Canada, and the United Kingdom, equal to one-sixteenth of a pound or about 28.35 grams.
Futures Contracts
Futures contracts are standardized legal agreements to buy or sell a particular commodity or financial instrument at a predetermined price at a specified time in the future.
Payoff
The potential gain or loss that will result from a specific investment or decision.
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