Grades refers to the quality of a potentially deliverable commodity. It can refer to sulfur content for crude, country of origin for coffee or cocoa, or other distinguishing factors which influence the item. Often there is a schedule of premiums and discounts to adjust the invoice or delivery price for grade differences.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). grades. Retrieved September 20, 2026, from http://smartdefine.org/grades/definitions/1155073 |
| Chicago | Barry Goldsmith. 2010. "grades" http://smartdefine.org/grades/definitions/1155073 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, grades, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/grades/definitions/1155073>. |
| MLA | Barry Goldsmith. "grades" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/grades/definitions/1155073> |