backwardation

noun

back·​ward·​a·​tion

ˌbakwə(r)ˈdāshən

plural -s

1

: the seller's postponement of delivery of stock or shares on the London Stock Exchange with the consent of the buyer upon payment of a premium to the latter

2

: the premium paid in backwardation compare contango

Word History

Etymology

backward entry 1 + -ation

First Known Use

1850, in the meaning defined at sense 1

The Ultimate Dictionary Awaits

Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged.

1. Expanded definitions
2. Detailed etymologies
3. Advanced search tools
4. All ad-free

Discover what makes Merriam-Webster Unabridged the essential choice for true word lovers.

Start Your Free Trial Now

Rhymes for backwardation

• abdication
• aberration
• abjuration
• abnegation
• abrogation
• acceptation
• acclamation
• acclimation
• accusation
• activation
• actuation
• acylation