BACKWARDATION

noun
25 Scrabble
28 WWF
B 3
A 1
C 3
K 5
W 4
A 1
R 1
D 2
A 1
T 1
I 1
O 1
N 1

Definition

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.

Want to find words from a different set of letters?

Unscramble BACKWARDATION interactively →

Saved Words