BACKWARDATION Backwardation is a financial market condition where the futures price of a commodity is lower than the spot price. Rephrased: Backwardation occurs when the price of a futures contract is lower than the current market price of the underlying asset.
Word: BACKWARDATION
Length: 13 letters
Dictionary: Valid in TWL and SOWPODS
Status: Official Scrabble word
The word BACKWARDATION can be used in various contexts. As a valid Scrabble word, it can be played on the Scrabble board according to standard game rules.