| 释义 |
backwardation|bækwəˈdeɪʃən|
[f. prec. vb. + -ation (after ns. from vbs. of Latin origin as retard-ation).]
Stock Exchange term for a percentage paid by a seller of stock for the privilege of keeping back or delaying its delivery till the following account or to any other future day agreed upon.
1850Keyser Law Stock Exch., The term Backwardation is employed when stock is more in demand than money, and a premium is given to obtain the loan of stock against its value in money. a1860C. Fenn Eng. & For. Funds (1883) 127 Backwardation is paid by the speculator for the fall, or the Bear, in order to postpone delivery until the following account. 1880Society 3 Sept. 16 The Bear a good contango loves, The Bull a backwardation. 1883Pall Mall G. 11 Sept. 9/2 At the opening 1/4 backwardation to 1/4 contango was charged. |