Brewer's: 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.)

Related Content Allusions Foreign Words and Phrases Latin and Greek Word Elements Names: Their Origins and Meanings Old Testament Names Mythology Ancient Greek Literature & Mythology The Bible (King James version) The Koran (translation by J. M. Rodwell) Shakespeare's Plays Tales from Shakespeare (Charles and Mary Lamb) Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language