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backwardation
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English Dictionary: backwardation by the DICT Development Group
1 result for backwardation
From Webster's Revised Unabridged Dictionary (1913) [web1913]:
   Backwardation \Back`war*da"tion\, n. [Backward, v. i.+ -ation.]
      (Stock Exchange)
      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.
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