This glossary is intended to provide a convenient means to understand the terminology used on Gunvor’s website in the context of physical commodities trading. As a part of our company’s persistent exploration of new technologies and methods, this tool consists of a Gunvor-designed application powered by ChatGPT-3.5 articificial intelligence. It employs a basic prompt requiring two “authoritative” sources to define specific terms. The definition self-populates and renews on a monthly basis. The sources provided are for reference and this is not intended to be an endorsement of the broader content on that website. Suggestions, questions, or corrections can be provided in the comment box on definition pages.