backwardation

noun

back·​ward·​a·​tion
ˌbakwə(r)ˈdāshən
plural -s
1
: the seller's postponement of delivery of stock or shares on the London Stock Exchange with the consent of the buyer upon payment of a premium to the latter
2
: the premium paid in backwardation compare contango

Word History

Etymology

backward entry 1 + -ation

First Known Use

1850, in the meaning defined at sense 1

Time Traveler
The first known use of backwardation was in 1850

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Dictionary Entries Near backwardation

backward

backwardation

backward compatible

See More Nearby Entries 

Cite this Entry

“Backwardation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/backwardation. Accessed 30 Nov. 2024.

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