BACKWARDATION is a
13
letter word starting with
B
and ending with
N
Definitions & Synonyms
noun -
BACKWARDATION refers to a scenario in financial markets where the spot price, or the immediate purchase price, of a commodity is higher than the forward or futures price.
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.