Meaning of nearby | Babel Free
ˌnɪə(ɹ)ˈbaɪDefinitions
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.
Know this word better than we do? Language is a living thing — help us keep it growing. Collaborate with Babel Free