backwardations

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A form of backwardation — A situation in a futures market where the price for future delivery of a commodity (the forward price) is lower than the price for immediate delivery (the spot price) or nearer delivery, generally arising from a near-term shortage of the commodity.

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Meanings

noun
  1. pluralplural of backwardation
Cite this entry
APA

backwardations. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/backwardations

MLA

“backwardations.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/backwardations. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “backwardations,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/backwardations.

Source: backwardations on Wiktionary, CC BY-SA 4.0.