NEARBY FUTURES CONTRACT
\nˈi͡əba͡ɪ fjˈuːt͡ʃəz kˈɒntɹakt], \nˈiəbaɪ fjˈuːtʃəz kˈɒntɹakt], \n_ˈiə_b_aɪ f_j_ˈuː_tʃ_ə_z k_ˈɒ_n_t_ɹ_a_k_t]\
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The shortest maturity or settlement dated future or option. Just after the nearby futures contract settles, the next futures contract is the next closest futures contract that settles. The most distant futures contract is the contract furthest out from its settlement date.
By Henry Campbell Black
Word of the day
basidiomycota
- comprises fungi bearing the spores on basidium: Gasteromycetes (puffballs); Tiliomycetes (comprising orders Ustilaginales (smuts) and Uredinales (rusts)); Hymenomycetes (mushrooms; toadstools; agarics; bracket fungi); in some classification systems considered a division of kingdom comprises fungi bearing spores on a basidium; includes Gasteromycetes (puffballs) Tiliomycetes comprising the orders Ustilaginales (smuts) and Uredinales (rusts) Hymenomycetes (mushrooms, toadstools, agarics bracket fungi).
Nearby Words
- near-point
- near-sight
- near-sighted
- near-sightedness
- nearby
- NEARBY FUTURES CONTRACT
- nearctic
- neared
- nearer
- nearest
- nearhand