Crossword-Solution: BACKWARDATION
Dictionary
| Word | Word Type | Definition |
|---|---|---|
| Backwardation | n. | 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. |
We have 1 clue for the answer “BACKWARDATION”
| Clue | Answers |
|---|---|
| STOCK delay, percentage paid by seller for | 1 answer |
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Dermatological complaint
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Hint 1 meaning
An inflammatory disease of the skin, characterized by the
presence of redness and itching, an eruption of small vesicles, and the
discharge of a watery exudation, which often dries up, leaving the skin
covered with crusts; -- called also tetter, milk crust, and salt rheum.
Hint 2 anagram
EMAEZC
Hint 3 another clue
eruption
16 +2
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Sentences with BACKWARDATION (5)
Had this small sandy Scot planned it, or was he merely the weapon in Thorpe's hand? Both views had their supporters on the Exchange, but after the wrench of August 1st, when with an abrupt eighty-shilling rise the price of Rubber Consols stood at 15 pounds, and it was to be computed that Semple had received on that single day nearly 75,000 pounds in differences and “backwardation,” a story was set afloat which gave Thorpe the undivided credit of the invention.
Goldbury) A Company Promoter this with special education, Which teaches what Contango means and also Backwardation— To speculators he supplies a grand financial leaven, Time was when two were company—but now it must be seven.
BACKWARDATION, or, as it is more often called for brevity, BACK, a technical term employed on the London Stock Exchange to express the amount charged for the loan of stock from one account to the other, and paid to the purchaser by the seller on a bear account (see ACCOUNT) in order to allow the seller to defer the delivery of the stock.
Why should they not be? Do not gentlemen on the Exchange use technical terms? I cannot see myself that 'contango' is any better English, or 'backwardation' more indicative of intelligence, than the terms used in the field.
CARRYING OVER, or CONTINUATION, a stock exchange term for the operation by which the settlement of a bargain transacted for money or for a given account, may for a consideration (called either a "contango" or a "backwardation") be postponed from one settling day to another.