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English Dictionary - With Multi-Lingual Search
Your Query of 'backwardation' Resulted in 1 Matches
Displaying Items 1 through 1
Definitions
backwardation
noun
the situation in a futures market where prices for future delivery are lower than prices for immediate (or nearer) delivery. Generally arising from a near-term shortage of a commodity.
1991:
gold has never gone into backwardation in any currency
— Reginald H. Howe,
The Golden Sextant
http://www.goldensextant.com/goldensextant.html
(
obsolete, London Stock Exchange
) fee paid by a seller on settlement day either to the buyer or to a third party who lends stock, when the seller wishes to defer settlement until the next settlement day.
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