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backwardation

/.bækwә'deiʃәn/

📖 中文释义

  1. n. 延期交割费
  2. [经] (证券)交割延期费
📘 English Definition(英文释义)
  1. n. The seller's postponement of delivery of stock or
  2. shares, with the consent of the buyer, upon payment of a premium to the
  3. latter; -- also, the premium so paid. See Contango.