backwardation
[ bak-wer-dey-shuh n ]
/ ˌbæk wərˈdeɪ ʃən /
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.
Words nearby backwardation
backup,
backup light,
backward,
backward and forward,
backward heart failure,
backwardation,
backwards,
backwash,
backwater,
backwater valve,
backwind
British Dictionary definitions for backwardation
backwardation
/ (ˌbækwəˈdeɪʃən) /
noun commerce
the difference between the spot price for a commodity, including rent and interest, and the forward price
(formerly, on the Stock Exchange) postponement of delivery by a seller of securities until the next settlement period