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.
RELATED CONTENT
Toward vs. TowardsDo you move toward something or towards something? It turns out, you can do both, though some contexts favor one over the other. According to the Chicago Manual of Style, the preferred form in American English is toward without the -s, while the preferred British English form is towards with the -s. This general rule works with other directional words, including forward, backward, upward, and …
A Smack Of Jellyfish And Other Strange Animal GroupsWhat do hunting and sexual desires have in common? We could point to several things, but from a linguistic point of view, we’re referring to the archaic word venery, which means both hunting (from the Latin venor) and sexual desire (from Latin veneria, referring to Venus). Strangely, terms of venery is a collective noun that means a group of animals. And, many of these animal …
Nearby words
backup, backup light, backward, backward and forward, backward heart failure, backwardation, backwardly, backwardness, backwards, backwash, backwater
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
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
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