Back pricing
Definition
Fixing the price of a commodity for which the commitment to purchase has been made in advance. The buyer can fix the price relative to any monthly or periodic delivery using the futures markets.
Related Terms Other terms related to 'Back pricing' starting with the letter 'B' Block Trade, Bull Spread, Buy or Sell On Close, Bear Market, Broker Association Browse by Letter » A B C D E F G H I J K L M N O P Q R S T U V W Y Z
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