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Backwardation

Backwardation, A fee paid by the seller of securities so that the buyer will allow delivery after their original delivery date; Black's Law Dictionary, 7th Edn., p. 134. See CARRY OVER.

Backward

With the back in advance or foremost as to ride backward

backwardness

The state of being backward

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Backwardly

Matched in: Term Backwardly

Backwardation

The sellers postponement of delivery of stock or shares with the consent of the buyer upon payment of a premium to the latter also the premium so paid See Contango

Postic

Backward

Backward classes

Backward classes, It is necessary to satisfy two conditions to attract clause (4) of Article 16, namely, (i) a class of citizens is backward, i.e., socially and educationally, in the sense explained in Balaji's case ([1963]...

Backward class of citizens

Backward class of citizens, the expression 'backward class of citizens' in Article 16(4) means the same thing as the expression 'any socially and educationally backward class of citizens' in Article 16(4). In order to qualify for...

Social backwardness

Social backwardness, in ascertaining social back-wardness of a class of citizens it may not be irrelevant to consider the caste of the group of citizens. Caste cannot however be made the sole or dominant test. Social...

Other Backward classes

Other Backward classes, means any socially and educationally Backward Classes of citizens as declared by the Government and includes other Backward classes declared by the Government of India in relation of the State of Maharashtra, Maharashtra...

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