Found 1 items, similar to Backwardation.
English → English (gcide)
Definition: Backwardation
Backwardation
\Back`war*da"tion\, n. [Backward, v. t. + -ation.]
(Stock Exchange)
The seller's postponement of delivery of stock or shares,
with the consent of the buyer, upon payment of a premium to
the latter; -- also, the premium so paid. See
Contango.
--Biddle.
[1913 Webster]