Furthermore, secured claims and administrative expense claims are paid ahead of unsecured claims. To make matters a bit more Â­confusing, Section 364(c)(1) provides that certain Â­super-priority claims are to be paid even Â­before administrative expense claims.
The market price of a commodity that is quoted in the news is often the market futures price for that respective commodity. As with equity securities, a commodities futures price is determined primarily by the supply and demand for the commodity in the market. For example, let's look at oil. If the supply of oil increases, the price of one barrel of oil will decrease.
noun, plural commodities. 1. an article of trade or commerce, especially a product as distinguished from a service. 2. something of use, advantage, or value. 3. Stock Exchange. any unprocessed or partially processed good, as grain, fruits, and vegetables, or precious metals.