A situation in a commodity market in which spot goods can be bought more cheaply than goods for forward delivery, enabling a dealer to buy spot goods and carry them forward to deliver them against a forward contract.

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backwardation.

• International Depository Receipt
• International Development Association
• International Finance Corporation
• international Fisher effect
• International Fund for Agricultural Development
• international futures
• International Monetary Fund
• International Monetary Market
• international mutual fund
• International Organization for Securities Commissions
• International Petroleum Exchange
• International Securities Market Association
• international security identification number
• International Stock Exchange in London
• International Stock Exchange of the UK and Republic of Ireland Ltd
• International Swaps and Derivatives Association
• International Union of Credit and Investment Insurers
• intervention mechanism
• intervention price
• intestacy
• in-the-money option
• intraday limit
• intrinsic value
• introduction
• inverse floater swap