An arbitrage transaction involving the simultaneous purchase of a cash commodity with borrowed money and the sale of the appropriate futures contract. Exchange Handbook Glossary
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Ⅰ.
cash-and-carry UK US (plural cash-and-carrys) (also cash and carry) noun [C or U]
► COMMERCE a very large store where businesses can buy large quantities of products at lower prices than usual, or the system of buying products in large quantities in this way: »
He worked in a variety of jobs; in a supermarket, a cash-and-carry, and a video shop before deciding to go to university.
»As the market leader in cash and carry, they have pushed sales up by 5%.
Ⅱ.
cash-and-carry UK US adjective [before noun]
► COMMERCE used to describe a business that sells products to other businesses in large quantities and at lower prices than usual: »
cash-and-carry store/outlet/depot
»cash-and-carry business/chain/operator
»They buy new merchandise every week on a cash-and-carry basis.
Financial and business terms. 2012.