back·ward·a·tion

[bak-wer-dey-shuhn]
noun
(on the London stock exchange) the fee paid by a seller of securities to the buyer for the privilege of deferring delivery of purchased securities.

Origin:
1840–50; backward + -ation

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source Link To backwardation
Collins
World English Dictionary
backwardation (ˌbækwəˈdeɪʃən) [Click for IPA pronunciation guide]
 
n
1.  the difference between the spot price for a commodity, including rent and interest, and the forward price
2.  (formerly, on the Stock Exchange) postponement of delivery by a seller of securities until the next settlement period

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Backwardation is always a great word to know.
So is ort. Does it mean:
a fool or simpleton; ninny.
a scrap or morsel of food left at a meal.
Example sentences
Crude oil futures contracts have historically traded in backwardation, the case in which futures prices are below spot prices.
Near term prices then fall back, reducing the futures market backwardation and improving the incentives to build inventories.
Finally, gasoline prices were in steep backwardation until recently, discouraging inventory growth at the margin.
The accountant wonders if his futures market holdings back home are headed for contango or backwardation.
Related Words
Copyright © 2013 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT