BACKWARDATION


Meaning of BACKWARDATION in English

/bak'weuhr day"sheuhn/ , n.

(on the London stock exchange) the fee paid by a seller of securities to the buyer for the privilege of deferring delivery of purchased securities.

[ 1840-50; BACKWARD + -ATION ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .