Backwardation

(Stockbrokers' term). The sum paid by a speculator on a “bear account” (i.e. a speculation on a fall in the price of certain stock), in order to postpone the completion of the transaction till the next settling day. (See Contango.)

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

More on Backwardation from Fact Monster:

  • Fish FAQ - Fish FAQ Source: National Marine Fisheries Services' Northeast Fisheries Science Center How ...
  • anagram - anagram anagram [Gr.,=something read backward], rearrangement of the letters of a word or words to ...
  • Chemistry: Solution Chemistry/emical Equilibria - Chemistry Solution Chemistry/emical Equilibria Chemistry Solution Chemistry/emical Equilibria What ...
  • Edward Bellamy - Bellamy, Edward Bellamy, Edward , 1850–98, American author, b. Chicopee Falls (now part of ...
  • Olympic Preview: Trampoline - 2008 Summer Olympics trampoline

Related Content