Hundred Weight - Cwt

Dictionary Says

Definition of 'Hundred Weight - Cwt'

A unit of weight measurement created by U.S. merchants in the late 1800s. A hundred weight is equal to exactly 100 pounds.
Investopedia Says

Investopedia explains 'Hundred Weight - Cwt'

Usually, this measurement is used in futures contracts that require the weight of the underlying to be specified.

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