nearby
Definitions
A futures contract, of a particular group, whose settlement date is the earliest.
Equivalents
Examples
“In each of these markets the nearbys are almost invariably at a discount — a discount that tends to widen in bull markets and narrow in bear⟳ markets.”
“The deferred contract should be expected to rise⟳, and buying the deferred while selling the nearby is then profitable.”
CEFR level
B1
Intermediate
This word is part of the CEFR B1 vocabulary — intermediate level.
This word is part of the CEFR B1 vocabulary — intermediate level.
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