Meaning of front | Babel Free

Definitions

1. forehead, brow
2. Located at or near the front.
3. Pronounced with the highest part of the body of the tongue toward the front of the mouth, near the hard palate (most often describing a vowel).
   comparable
4. Closest or nearest, of a set of futures contracts which expire at particular times, or of the times they expire; (typically, the front month or front year is the next calendar month or year after the current one).

Equivalents

Examples

“The front runner was thirty meters ahead of her nearest competitor.”

“The English word dress has a front vowel in most dialects.”

“Contracts are available for every month in the front year but do not extend over a year.”

“Contract months : March, June, September and December[.] Minimum price fluctuation : 0.005 Index Point (1/2 basis point) equivalent to USD 12.50 per tick for the front-year Eurodollar futures[…]”

“The contract that will expire next is called the front contract or front month contract. The other contracts are called the back contracts. In financial and industrial commodities, traders mostly trade only the front month contract.”

“Buying the security for the earlier (or “front”) month, and owning (and financing) it for the period ending with the latter (or “back” month) settlement date.”

“To a speculator, a front month future is attractive. Refer to Figure 6-1 to see that both the open interest and the trading volume of the front-month contract exceeds that of all the other contracts.”

“An alternative definition would estimate the slope using the front futures contract and the contract expiring 1 year after (these contracts are relatively liquid in the commodity markets).”

“When the back contract has a higher PVBP than the front contract, fewer back contracts need to be bought or sold than front contracts are sold or bought. The PVBP-neutral roll ratio is simply the ratio of the front and back contracts[…]”

“This means that in absolute terms, the number of transactions that is triggered by external sources is highest for the front contract of corn.”

“Going long the front futures contract and holding it a month in the example now produces a loss of $1 per barrel as the futures market converges to spot. And as long as the market is in a carry, this loss will happen continuously over[…]”

CEFR level