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Dictionary of Phrase and Fable—B

Backwardation

(Stockbrokers' term). The sum paid by a speculator on a “bear account” (i.e. a speculation on a fall in the price of certain stock), in order to postpone the completion of the transaction till the next settling day. (See Contango.)

Source: Dictionary of Phrase and Fable, E. Cobham Brewer, 1894
Backward Blessing
Back-stair Influence
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