follow Dictionary.com

Fiancé or fiancée? What's the difference?

backwardation

[bak-wer-dey-shuh n] /ˌbæk wərˈdeɪ ʃən/
noun
1.
(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 of backwardation
1840-1850
1840-50; backward + -ation
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
Cite This Source
British Dictionary definitions for backwardation

backwardation

/ˌbækwəˈdeɪʃən/
noun (commerce)
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 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source

Word of the Day

Difficulty index for backwardation

Few English speakers likely know this word

Word Value for backwardation

0
0
Scrabble Words With Friends