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economic condition vs backwardation

backwardation vs economic condition

economic condition and backwardation both are nouns.

Word NounAdjectiveVerbAdverb
economic condition Yes No No No
backwardation Yes No No No
As nouns, backwardation is a hyponym of economic condition; that is, backwardation is a word with a more specific, narrower meaning than economic condition:
  • economic condition: the condition of the economy
  • backwardation: the market condition wherein the price of a forward or futures contract is trading below the expected spot price at contract maturity.
Other hyponyms of economic condition include recession, depression, economic crisis, slump, full employment, prosperity, softness, shakeout, wage setter.
economic condition (noun) backwardation (noun)
the condition of the economy the market condition wherein the price of a forward or futures contract is trading below the expected spot price at contract maturity.
Difference between economic condition and backwardation

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