Post History
What semantic notions underlie any sense of 'backwardness' (like "backward" or "backwards"), with the meaning of 'backwardation' below? Etymonline overlooked this term. OED is too brusque and doesn...
#3: Post edited
How does backwardation semantically relate to "backward"?
What semantic notions underlie any sense of 'backwardness' (like "backward" or "backwards"), with the meaning of 'backwardation' below? [Etymonline overlooked this term.](https://www.etymonline.com/search?q=backwardation) [*OED*](https://www-oed-com/view/Entry/14480?redirectedFrom=backwardation#eid) is too brusque and doesn't expound the etymology. John Hull. [*Options, Futures, and Other Derivatives* (2017 10 edn)](https://www.amazon.com/Options-Futures-Other-Derivatives-10th/dp/013447208X). p 129. >## Normal Backwardation and Contango > >When the futures price is below the expected future spot price, the situation is known as ***normal backwardation***; and when the futures price is above the expected future spot price, the situation is known as ***contango***. However, it should be noted that sometimes these terms are used to refer to whether the futures price is below or above the current spot price, rather than the expected future spot price. >[![enter image description here][1]][1] [1]: https://i.stack.imgur.com/LC1dD.jpg --- I'm posting [this question](https://english.stackexchange.com/q/534877) here though it isn't mine because I'm hankering for some second opinions.
#2: Post edited
- What semantic notions underlie any sense of 'backwardness' (like "backward" or "backwards"), with the meaning of 'backwardation' below? [Etymonline overlooked this term.](https://www.etymonline.com/search?q=backwardation) [*OED*](https://www-oed-com/view/Entry/14480?redirectedFrom=backwardation#eid) is too brusque and doesn't expound the etymology.
- John Hull. [*Options, Futures, and Other Derivatives* (2017 10 edn)](https://www.amazon.com/Options-Futures-Other-Derivatives-10th/dp/013447208X). p 129.
- >## Normal Backwardation and Contango
- >When the futures price is below the expected future spot price, the situation is known as
- ***normal backwardation***; and when the futures price is above the expected future spot
- price, the situation is known as ***contango***. However, it should be noted that sometimes
- these terms are used to refer to whether the futures price is below or above the current
- spot price, rather than the expected future spot price.
- >[![enter image description here][1]][1]
- [1]: https://i.stack.imgur.com/LC1dD.jpg
- ---
- I'm posting [this question](https://english.stackexchange.com/q/534877) here though it isn't mine because I'm hankering for some second opinions.
- What semantic notions underlie any sense of 'backwardness' (like "backward" or "backwards"), with the meaning of 'backwardation' below? [Etymonline overlooked this term.](https://www.etymonline.com/search?q=backwardation) [*OED*](https://www-oed-com/view/Entry/14480?redirectedFrom=backwardation#eid) is too brusque and doesn't expound the etymology.
- John Hull. [*Options, Futures, and Other Derivatives* (2017 10 edn)](https://www.amazon.com/Options-Futures-Other-Derivatives-10th/dp/013447208X). p 129.
- >## Normal Backwardation and Contango
- >
- >When the futures price is below the expected future spot price, the situation is known as
- ***normal backwardation***; and when the futures price is above the expected future spot
- price, the situation is known as ***contango***. However, it should be noted that sometimes
- these terms are used to refer to whether the futures price is below or above the current
- spot price, rather than the expected future spot price.
- >[![enter image description here][1]][1]
- [1]: https://i.stack.imgur.com/LC1dD.jpg
- ---
- I'm posting [this question](https://english.stackexchange.com/q/534877) here though it isn't mine because I'm hankering for some second opinions.
#1: Initial revision
How does backwardation semantically relate to "backward"?
What semantic notions underlie any sense of 'backwardness' (like "backward" or "backwards"), with the meaning of 'backwardation' below? [Etymonline overlooked this term.](https://www.etymonline.com/search?q=backwardation) [*OED*](https://www-oed-com/view/Entry/14480?redirectedFrom=backwardation#eid) is too brusque and doesn't expound the etymology. John Hull. [*Options, Futures, and Other Derivatives* (2017 10 edn)](https://www.amazon.com/Options-Futures-Other-Derivatives-10th/dp/013447208X). p 129. >## Normal Backwardation and Contango >When the futures price is below the expected future spot price, the situation is known as ***normal backwardation***; and when the futures price is above the expected future spot price, the situation is known as ***contango***. However, it should be noted that sometimes these terms are used to refer to whether the futures price is below or above the current spot price, rather than the expected future spot price. >[![enter image description here][1]][1] [1]: https://i.stack.imgur.com/LC1dD.jpg --- I'm posting [this question](https://english.stackexchange.com/q/534877) here though it isn't mine because I'm hankering for some second opinions.