Glossary entry (derived from question below)
English term or phrase:
backwardation
German translation:
Backwardation
Jun 4, 2010 20:59
14 yrs ago
English term
Argentina
ProZ.com Member Services & Support Staff
Native in: Spanish 
, Kinyarwanda , Zuni , American Sign Language
Works in: English to Spanish, Chamorro to Kinyarwanda, English to Gujarati, and 13 more.
backwardation
GBK
English to German
Bus/Financial
Finance (general)
Definition from
Bloomberg.com:
A market condition in which futures prices are lower in the distant delivery months than in the nearest delivery month. This may occur when the costs of storing the product until eventual delivery are effectively subtracted from the price today.
Example sentences:
Backwardation is not an uncommon thing, I mean, it happens every once it a while in the futures markets, HOWEVER, backwardation in monetary metals is a very rare occurrence. (Gold Speculator)
Investors much prefer backwardation markets. That way, they pocket money as the index funds rollover, since further-out futures are cheaper than the futures they original sold. (Investment U)
Holders of gold would keep selling cash gold and buying the futures until the backwardation disappeared. (GoldSeek)
Proposed translations
(German)
| 5 +2 | Backwardation |
Kai Zimmermann
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Change log
Jun 4, 2010 20:55: changed "Kudoz queue" from "In queue" to "Public"
Jun 4, 2010 20:59: changed "Stage" from "Preparation" to "Submission"
Jun 7, 2010 21:58: changed "Stage" from "Submission" to "Completion"
Proposed translations
+2
56 mins
Kai Zimmermann
Switzerland
Switzerland
Switzerland
Top in contracts and finance since 1991
Native in: German (Variant: Germany)
Works in: Russian to German, English to German, Ukrainian to German
Related KudoZ points
:
12
Selected
Backwardation
Definition from
UBS-Bankfachwörterbuch:
Preisinversion im Warenterminhandel, bei welcher der Kassapreis höher ist als der Terminpreis
Example sentences:
Backwardation der Terminkurve bei Rohstoffen ist kein modernes Phänomen. Bereits John Maynard Keynes hat in den Dreißigerjahren des 20. Jahrhunderts diese Konstellation untersucht und kam zu dem Schluss, dass Backwardation der Rohstoffterminmärkte etwas ganz Normales ist, daher der Begriff "normal backwardation". (Goldseiten)
Diese eher seltene Backwardation-Formation in der Preiskurve spiegelt zum einen das Ende der Heizperiode wider, zum anderen lässt sich daraus eine Markterwartung weniger stark steigender Gasölpreise ableiten. Der Markt rechnet also mit weniger stark steigenden Ölpreisen! (Heizöl24.de)
4 KudoZ points awarded for this answer.
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