Associations to the word «Backwardation»

Wiktionary

BACKWARDATION, noun. (finance) The situation in a futures market where prices for future delivery are lower than prices for immediate (or nearer) delivery. Generally arising from a near-term shortage of a commodity.
BACKWARDATION, noun. (obsolete) (London Stock Exchange) fee paid by a seller on settlement day either to the buyer or to a third party who lends stock, when the seller wishes to defer settlement until the next settlement day.

Wise words

The chief difference between words and deeds is that words are always intended for men for their approbation, but deeds can be done only for God.
Leo Tolstoy