BALTIC EXCHANGE
\bˈɒltɪk ɛkst͡ʃˈe͡ɪnd͡ʒ], \bˈɒltɪk ɛkstʃˈeɪndʒ], \b_ˈɒ_l_t_ɪ_k ɛ_k_s_tʃ_ˈeɪ_n_dʒ]\
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The freight market that ships dry bulk cargo. A broker arranges the shipping. It's situated in London and also sells ships and shipping agreements. It was started in 1744. The full name is Baltic International Freight Futures Exchange. Refer to balitic in
By Henry Campbell Black
Word of the day
Snake's-head
- Guinea-hen flower; -- so called in England because its spotted petals resemble the scales of a snake's head.