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Baltic Exchange

Line breaks: Bal¦tic Exchange

Definition of Baltic Exchange in English:

An association of companies, based in London, whose members are engaged in numerous international trading activities, especially the chartering of vessels to carry cargo.

Origin

from the name Virginia and Baltic, one of many coffee houses where shipowners and merchants met in London in the 18th century, the coffee house being so named by association with areas of much of the trade.

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