BACKWARDATION
25
Scrabble
28
WWF
B(3) A(1) C(3) K(5) W(4) A(1) R(1) D(2) A(1) T(1) I(1) O(1) N(1)
NWL/TWL ✓ Collins ✓ WWF ✗
Definition
noun
- 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.
- (London Stock Exchange) A 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.
Source: Wiktionary
Hooks
Back hooks: BACKWARDATION-S
