backwardation
[ bak-wer-dey-shuhn ]
/ ˌbæk wərˈdeɪ ʃən /
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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.
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Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
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
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