Hundred Weight - Cwt

What Does Hundred Weight - Cwt Mean?
A unit of weight measurement created by U.S. merchants in the late 1800s. A hundred weight is equal to exactly 100 pounds.

Investopedia explains Hundred Weight - Cwt
Usually, this measurement is used in futures contracts that require the weight of the underlying to be specified.

Related Terms

Commodity
Futures Contract
Futures Market
Soft Commodity
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