backwardation

backwardation
noun
  1. [mass noun](Stock Exchange, Brit.)a situation in which the spot or cash price of a commodity is higher than the forward price
    (股票 英)现货升水,现货溢价。 常与 contango 相对
    ■a situation in which the offer price for stock is lower than the bid
    报价低于出价的股票行情
    ■(historical)a percentage paid by a person selling stock for the right of delaying its delivery
    (史)延期交割费
英语宝典
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