BACK in Business Meaning
The BACK meaning in Business terms is "Backwardation". There are 1 related meanings of the BACK Business abbreviation.
BACK on Business Full Forms
- Backwardation A market condition in which futures prices are lower in the distant delivery months than in the nearest delivery month. This situation may occur in when the costs of storing the product until eventual delivery are effectively subtracted from the price today. The opposite of contango.
Frequently Asked Questions (FAQ)
What does BACK stand for Business?
BACK stands for Backwardation in Business terms.
What is the shortened form of Backwardation in Business?
The short form of "Backwardation" is BACK for Business.
Citation
BACK in Business. Acronym24.com. (2020, October 19). Retrieved March 12, 2025 from https://acronym24.com/back-meaning-in-business/
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