Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun A state in which the price of a futures contract is lower than the eventual or expected spot price of the underlying commodity or security.
from The Century Dictionary.
- noun On the London Stock Exchange, the premium paid by a seller of stock for the privilege of postponing its delivery to the buyer until the next fortnightly settling-day. See
contango .
from the GNU version of the Collaborative International Dictionary of English.
- noun (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 .
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun finance The situation in a
futures market whereprices for futuredelivery are lower than prices forimmediate (or nearer) delivery. Generally arising from a near-termshortage of acommodity . - noun obsolete, London Stock Exchange
fee paid by aseller on settlement day either to thebuyer or to a third party who lendsstock , when the seller wishes to defer settlement until the next settlement day.
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
Support
Help support Wordnik (and make this page ad-free) by adopting the word backwardation.
Examples
-
"The methodology employed by the underlying index of USCI seeks to minimize the harmful effects of contagion by favoring commodities in backwardation (positive roll-yield) and longer-term contracts," he explains.
Guru Picks: Five Gold And Commodity Best Buys Alexandra Zendrian 2010
-
"The methodology employed by the underlying index of USCI seeks to minimize the harmful effects of contagion by favoring commodities in backwardation (positive roll-yield) and longer-term contracts," he explains.
Guru Picks: Five Gold And Commodity Best Buys Alexandra Zendrian 2010
-
"The methodology employed by the underlying index of USCI seeks to minimize the harmful effects of contagion by favoring commodities in backwardation (positive roll-yield) and longer-term contracts," he explains.
Five Gold And Commodity Best Buys Alexandra Zendrian 2010
-
A certain degree of backwardation is normal (hence the phrase "normal backwardation").
Backwardation, Arnold Kling | EconLog | Library of Economics and Liberty 2009
-
We are seeing signs of increasing demand for energy, evidenced by the oil market recently moving into "backwardation" -- where current oil contracts are priced higher than future ones.
Pamela Rosenau: Winter of Content? Pamela Rosenau 2011
-
We are seeing signs of increasing demand for energy, evidenced by the oil market recently moving into "backwardation" -- where current oil contracts are priced higher than future ones.
Pamela Rosenau: Winter of Content? Pamela Rosenau 2011
-
The result, analysts say, is "backwardation" - a situation in which futures-contract prices are lower than spot prices.
-
The result, analysts say, is "backwardation" - a situation in which futures-contract prices are lower than spot prices.
-
December Nymex crude futures dropped below the January-delivery contract, ending a situation where the front-month contract was priced higher than those further in the future, also known as backwardation.
Crude Declines on Europe Worries; Falls Out of Backwardation David Bird 2011
-
Front-month Nymex crude ended with a 14-cent premium to the second month in the fourth day of the market price structure known as backwardation, where near-month contracts are priced higher than those further out into the future.
Oil Jumps 4.2% on Europe Hopes; US GDP David Bird 2011
Related Words
antonyms (1)
Words with the opposite meaning
same context (19)
Words that are found in similar contexts
variants (1)
Variants
rhymes (786)
Words with the same terminal sound
- Alsatian
- Americanization
- Appalachian
- Balkanization
- Christianization
- Confederation
- Corp.
- Croatian
- Dalmatian
- Desegregation
- Finlandization
- Haitian
- Horatian
- Incarnation
- Islamization
- Japanimation
- Nation
- Plantation
- Reformation
- Revelation
- Russification
- Tribulation
- Visitation
- abbreviation
- abdication
- aberration
- abomination
- abrogation
- acceleration
- acclamation
- acclimation
- accommodation
- accreditation
- accumulation
- accusation
- acidification
- activation
- adaptation
- adjudication
- administration
- admiration
- adoration
- adulation
- adulteration
- advocation
- affectation
- affiliation
- affirmation
- affrication
- agglomeration
- aggravation
- agitation
- alienation
- allegation
- alleviation
- allocation
- alphabetization
- alsatian
- alteration
- altercation
- amalgamation
- amelioration
- amortization
- amplification
- amputation
- animation
- annexation
- annihilation
- annotation
- anticipation
- antidiscrimination
- appellation
- application
- appreciation
- approbation
- appropriation
- approximation
- arbitration
- argumentation
- articulation
- aspiration
- assassination
- assimilation
- association
- augmentation
- authentication
- authorization
- automation
- aviation
- avocation
- balkanization
- bifurcation
- calculation
- calibration
- cancellation
- cannibalization
- canonization
- capitalization
- capitulation
- carnation
- castration
- categorization
- causation
- cauterization
- celebration
- centralization
- certification
- cessation
- cetacean
- characterization
- citation
- civilization
- clarification
- classification
- coagulation
- codification
- cogeneration
- cogitation
- cohabitation
- collaboration
- collectivization
- collocation
- colonization
- coloration
- colorization
- combination
- commemoration
- commendation
- commercialization
- communication
- communization
- commutation
- compensation
- compilation
- complication
- computation
- computerization
- concatenation
- concentration
- conciliation
- condemnation
- condensation
- confabulation
- confederation
- configuration
- confirmation
- confiscation
- conflagration
- conflation
- confrontation
- conglomeration
- congratulation
- congregation
- conjugation
- connotation
- consecration
- conservation
- consideration
- consolation
- consolidation
- constellation
- consternation
- constipation
- consultation
- consummation
- contamination
- contemplation
- continuation
- conversation
- convocation
- cooperation
- coordination
- coronation
- corp.
- corporation
- correlation
- corroboration
- creation
- cremation
- criminalization
- crustacean
- culmination
- cultivation
- dalmatian
- damnation
- decapitation
- deceleration
- decentralization
- decertification
- declaration
- decontamination
- decoration
- decriminalization
- dedication
- defamation
- deflation
- deforestation
- deformation
- degeneration
- degradation
- dehumanization
- dehydration
- deification
- deinstitutionalization
- delegation
- deliberation
- delineation
- demarcation
- demilitarization
- demobilization
- democratization
- demodulation
- demonization
- demonstration
- demoralization
- denationalization
- denomination
- denuclearization
- denunciation
- deportation
- depravation
- depreciation
- depredation
- deprivation
- deregulation
- derivation
- desalination
- desalinization
- desecration
- desegregation
- desiccation
- designation
- desolation
- desperation
- destabilization
- destination
- determination
- detonation
- detoxication
- detoxification
- devaluation
- devastation
- deviation
- dictation
- differentiation
- dilatation
- dilation
- discoloration
- discontinuation
- discrimination
- disembarkation
- disinclination
- disinflation
- disinformation
- disintegration
- dislocation
- disorganization
- disorientation
- dispensation
- disputation
- disqualification
- dissemination
- dissertation
- dissipation
- dissociation
- distillation
- diversification
- divination
- documentation
- domestication
- domination
- donation
- dramatization
- duplication
- duration
- echolocation
- edification
- education
- ejaculation
- elaboration
- elation
- electrification
- elevation
- elimination
- elongation
- emanation
- emancipation
- embarkation
- emigration
- emulation
- enumeration
- equalization
- equitation
- equivocation
- eradication
- escalation
- estimation
- evacuation
- evaluation
- evaporation
- evocation
- exacerbation
- exaggeration
- examination
- exasperation
- excavation
- excitation
- exclamation
- excommunication
- exfoliation
- exhalation
- exhilaration
- exhortation
- exhumation
- exoneration
- expatriation
- expectation
- experimentation
- expiration
- explanation
- explication
- exploitation
- exploration
- expropriation
- extermination
- extrapolation
- extrication
- fabrication
- facilitation
- falsification
- fascination
- federation
- fermentation
- fertilization
- fibrillation
- figuration
- filtration
- fixation
- flirtation
- flotation
- fluctuation
- fluoridation
- foliation
- formation
- formulation
- fortification
- foundation
- fragmentation
- frustration
- fumigation
- gasification
- gastrulation
- generalization
- generation
- gentrification
- germination
- gestation
- glaciation
- globalization
- glorification
- gradation
- graduation
- granulation
- gratification
- gravitation
- gyration
- habitation
- hallucination
- harmonization
- hesitation
- hibernation
- hospitalization
- humiliation
- hybridization
- hydration
- hydrogenation
- hyperinflation
- hyphenation
- ideation
- identification
- illumination
- illustration
- imagination
- imitation
- immigration
- immunization
- impersonation
- implantation
- implementation
- implication
- importation
- impregnation
- improvisation
- imputation
- inactivation
- inauguration
- incantation
- incapacitation
- incarceration
- incarnation
- inclination
- incoordination
- incorporation
- incrimination
- incrustation
- incubation
- indemnification
- indentation
- indexation
- indication
- indignation
- indoctrination
- industrialization
- infatuation
- infestation
- infiltration
- inflammation
- inflation
- information
- inhabitation
- inhalation
- initiation
- innovation
- inoculation
- insemination
- insinuation
- inspiration
- installation
- instantiation
- instigation
- institutionalization
- instrumentation
- insubordination
- insulation
- integration
- intensification
- internationalization
- interpretation
- interrogation
- intimation
- intimidation
- intonation
- intoxication
- inundation
- invalidation
- investigation
- invitation
- invocation
- ionization
- irradiation
- irrigation
- irritation
- isolation
- jubilation
- justification
- laceration
- lactation
- legalization
- legislation
- levitation
- liberalization
- liberation
- libration
- ligation
- limitation
- liquidation
- litigation
- localization
- location
- lubrication
- machination
- magnetization
- magnification
- malformation
- manifestation
- manipulation
- marginalization
- masturbation
- maturation
- maximization
- mechanization
- mediation
- medication
- meditation
- menstruation
- migration
- mineralization
- miniaturization
- ministration
- misallocation
- misapplication
- misappropriation
- miscalculation
- mischaracterization
- miscommunication
- miscreation
- miseration
- misidentification
- misinformation
- misinterpretation
- misrepresentation
- mitigation
- mobilization
- moderation
- modernization
- modification
- modulation
- molestation
- monopolization
- motivation
- multiplication
- mummification
- mutation
- mutilation
- narration
- nation
- nationalization
- naturalization
- navigation
- negation
- negotiation
- neutralization
- nitration
- nomination
- nondiscrimination
- nonproliferation
- normalization
- notation
- notification
- nucleation
- nullification
- obfuscation
- obligation
- obliteration
- observation
- occupation
- operation
- optation
- optimization
- oration
- orchestration
- ordination
- organisation
- organization
- orientation
- origination
- ornamentation
- oscillation
- ossification
- ostentation
- ovation
- overpopulation
- overregulation
- overvaluation
- ovulation
- oxidation
- pacification
- pagination
- palpitation
- participation
- pasteurization
- penetration
- perforation
- permutation
- perpetuation
- personalization
- personification
- perspiration
- perturbation
- pigmentation
- plantation
- polarization
- politicization
- pollination
- polymerization
- pontification
- popularization
- population
- precipitation
- predation
- predestination
- prefabrication
- premeditation
- preoccupation
- preparation
- presentation
- preservation
- pressurization
- prestidigitation
- prevarication
- privation
- privatisation
- privatization
- probation
- proclamation
- procrastination
- procreation
- profanation
- prognostication
- proliferation
- pronunciation
- propagation
- proration
- prostration
- protestation
- provocation
- publication
- punctuation
- purification
- qualification
- quantification
- quotation
- radiation
- radicalization
- ramification
- ratification
- ration
- rationalization
- reaffiliation
- reaffirmation
- realization
- reallocation
- reauthorization
- recalculation
- recantation
- recapitalization
- recertification
- recitation
- reclamation
- reclassification
- recommendation
- reconciliation
- reconfiguration
- reconfirmation
- reconsideration
- recreation
- recrimination
- rectification
- recuperation
- redecoration
- rededication
- reevaluation
- reexamination
- reflation
- reforestation
- reformation
- refrigeration
- refutation
- regeneration
- regimentation
- registration
- regulation
- rehabilitation
- rehydration
- reincarnation
- reincorporation
- reinterpretation
- reinvigoration
- reiteration
- rejuvenation
- relation
- relaxation
- relocation
- remediation
- remuneration
- renationalization
- renegotiation
- renomination
- renovation
- renunciation
- reorganization
- reparation
- repatriation
- replication
- representation
- repudiation
- reputation
- reregulation
- reservation
- resignation
- respiration
- restoration
- resuscitation
- retaliation
- retardation
- reunification
- revaluation
- revelation
- reverberation
- revitalization
- revocation
- rotation
- rumination
- russification
- salvation
- sanctification
- sanitation
- saponification
- sarmatian
- saturation
- securitization
- sedation
- sedimentation
- segmentation
- segregation
- self-congratulation
- self-determination
- sensation
- separation
- sequestration
- simplification
- simulation
- singularization
- situation
- socialization
- solicitation
- sophistication
- specialization
- specification
- speculation
- stabilization
- stagflation
- stagnation
- stalinization
- standardization
- starvation
- station
- sterilization
- stimulation
- stipulation
- strangulation
- subluxation
- subordination
- subsidization
- substantiation
- suburbanization
- suffocation
- summation
- superstation
- surrogation
- synchronization
- syndication
- tabloidization
- tabulation
- taxation
- telecommunication
- temptation
- termination
- titillation
- toleration
- transformation
- transillumination
- translation
- transplantation
- transportation
- trepidation
- triangulation
- tribulation
- ulceration
- undervaluation
- unification
- unionization
- urbanization
- usurpation
- utilization
- vacation
- vaccination
- vacillation
- validation
- valuation
- vaporization
- variation
- vegetation
- veneration
- ventilation
- verification
- vibration
- victimization
- vilification
- vindication
- violation
- visitation
- visualization
- vocation
- vulgarization
- westernization
Comments
Log in or sign up to get involved in the conversation. It's quick and easy.