English version


From Longman Business Dictionary
Related topics: Finance
backwardationback‧ward‧a‧tion /ˌbækwəˈdeɪʃən-wər-/ noun [uncountable] FINANCE when a COMMODITY that will be delivered in the future has a higher price than one that will be delivered nowIn an economic slowdown it is surprising to see the copper market in backwardation.
Pictures of the day
What are these?
Click on the pictures to check.