(finance) The situation in a futures market where prices for future delivery are lower than prices for immediate (or nearer) delivery, generally arising from a near-term shortage of a commodity.

plural of backwardation

Situated toward or at the rear of something. / Acting or moving in the direction opposite to that in which someone or something is facing.

At, near or towards the rear of something. / In a direction opposite to that in which someone or something is facing or normally pointing. / In a direction opposite to the usual direction of movement.

The state behind or past.

Synonym of backward; see usage notes there.

Synonym of backward; see usage notes there.

The state of being backward. / Reluctance.

plural of backwardness

The state of being backward, or going against progress; backwardness.