Backwardation Definition
băkwər-dāshən
noun
A state in which the price of a futures contract is lower than the eventual or expected spot price of the underlying commodity or security.
American Heritage
1991: gold has never gone into backwardation in any currency "” Reginald H. Howe, The Golden Sextant.
Wiktionary
Other Word Forms of Backwardation
Noun
Singular:
backwardation
Plural:
backwardationsOrigin of Backwardation
-
backward +"Ž -ation
From Wiktionary
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