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LSDefine

Simple English definitions for legal terms

CBOT

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A quick definition of CBOT:

CBOT stands for Chicago Board of Trade. It is a place where people buy and sell things like corn, wheat, and soybeans. It's like a big market where farmers and traders can make deals with each other.

A more thorough explanation:

Term: CBOT

Definition: CBOT is an abbreviation for Chicago Board of Trade. It is a commodity exchange where traders buy and sell futures contracts for agricultural products, such as corn, wheat, and soybeans, as well as financial products, such as treasury bonds and stock indexes.

Example: A farmer who grows corn can sell a futures contract on the CBOT to lock in a price for their crop before it is harvested. This helps them manage their risk and ensure they will receive a certain amount of money for their corn, even if the market price drops.

Explanation: The example illustrates how a farmer can use the CBOT to manage their risk by selling a futures contract. By doing so, they are essentially agreeing to sell their corn at a certain price in the future, which protects them from price fluctuations. Other traders, such as speculators and investors, can also use the CBOT to make bets on the direction of commodity and financial markets.

CBOE | CBT

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1a2b3c4d26z
17:43
Purple
@shaquilleoatmeal: yeah both my status and substatus say application complete
1a2b3c4d26z
17:44
I discreetly asked her which color she liked best when the new ones dropped and she said purple, I just wanted to hear second opinions
shaquilleoatmeal
17:44
@Eminatorcookieeater: same and my sub status was blank yesterday - trying to research what it means
@shaquilleoatmeal: ooo I wonder what that means, hopefully it means we'll hear back soon
shaquilleoatmeal
17:48
It looks like an update to the sub status (it saying complete instead of being blank) means some sort of review has happened - basically a UR2. Seems like those who got a substatus change got a decision a few days after...
shaquilleoatmeal
17:50
slightly helpful! Not much info on the substatus changes for BU though
i don't have a sub status but i was only marked complete like two weeks ago
cause they wanted me to send another transcript
is that wake forest a from last cycle i am so confused
shaquilleoatmeal
17:51
@jackfrost11770: oo interesting - I first went complete 10/25 and now the sub 11/5
shaquilleoatmeal
17:51
wonder if they'll ask for me for more info but can't think of what it would be
17:54
berk…..
shaquilleoatmeal
17:58
what about berk
18:01
i need wave
shaquilleoatmeal
18:04
call them and demand one
@shaquilleoatmeal: did you get double app complete on sub status or just one
letsseehowitgoesnow
18:11
shaq i got that for BU
shaquilleoatmeal
18:13
@Eminatorcookieeater: just one
shaquilleoatmeal
18:14
@letsseehowitgoesnow: lfg!
shaquilleoatmeal
18:14
@Eminatorcookieeater: did you get one or double??
Just one sadly
letsseehowitgoesnow
18:15
I doubt it means anything. I applied like 2 weeks ago lol
letsseehowitgoesnow
18:16
Actually nvm. I don’t have that lol
shaquilleoatmeal
18:17
@Eminatorcookieeater: I think it's still a good sign, seems like we're one stage away from a decision rolling out which is a good thing, whether an A, R, or WL lol
shaquilleoatmeal
18:17
all obviously based on that reddit post which might not be accurate
Exactly at least something is happening haha
shaquilleoatmeal
18:19
lfg just got a vandy interview
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