Backwardation
13 letter word
25
Scrabble
Definition
the condition of a spot price being higher than a futures price
Letter Breakdown
B
3 pts
A
1 pts
C
3 pts
K
5 pts
W
4 pts
A
1 pts
R
1 pts
D
2 pts
A
1 pts
T
1 pts
I
1 pts
O
1 pts
N
1 pts