Backwardation

• POS: Noun
• HYPHEN: back=ward=a=tion

CIDE DICTIONARY

Backwardation, n. [Backward, v. t. + -ation.].

 The seller's postponement of delivery of stock or shares, with the consent of the buyer, upon payment of a premium to the latter; -- also, the premium so paid. See Contango.  Biddle.  [1913 Webster]

OXFORD DICTIONARY

Backwardation, n. esp. Brit. Stock Exch. the percentage paid by a person selling stock for the right of delaying the delivery of it (cf. CONTANGO).

ROGET THESAURUS

Backwardation

Discount

N discount, abatement, concession, reduction, depreciation, allowance, qualification, set-off, drawback, poundage, agio, percentage, rebate, rebatement, backwardation, contango, salvage, tare and tret, sale, bargain, half price, price war, wholesale, wholesale price, dealer's price, trade price, coupon, discount coupon, cents-off coupon, store coupon, manufacturer's coupon, double coupon discount, triple coupon discount, discounting, at a discount, below par, at wholesale, have a friend in the business.