different between price vs backwardation

English

Alternative forms

• prize (obsolete) [16th–19th c.]

Etymology

From Middle English price (“price, prize, value, excellence”), borrowed from Old French pris, preis, from Latin pretium (“worth, price, money spent, wages, reward”); compare praise, precious, appraise, appreciate, depreciate, etc.

Pronunciation

• Rhymes: -a?s
• (UK, US): enPR: pr?s, IPA^(key): /p?a?s/
• (Canadian raising): IPA^(key): /p???s/

Noun

price (plural prices)

1. The cost required to gain possession of something.
2. The cost of an action or deed.

3. Value; estimation; excellence; worth.
   • 1611, Bible (King James Version), Proverbs xxxi. 10

     Her price is far above rubies.

   • new treasures still, of countless price

Hyponyms

Derived terms

Related terms

Descendants

• ? Irish: praghas

Translations

Verb

price (third-person singular simple present prices, present participle pricing, simple past and past participle priced)

1. (transitive) To determine the monetary value of (an item); to put a price on.
2. (transitive, obsolete) To pay the price of; to make reparation for.
   • 1590, Edmund Spenser, The Faerie Queene, I.ix:

     Thou damned wight, / The author of this fact, we here behold, / What iustice can but iudge against thee right, / With thine owne bloud to price his bloud, here shed in sight.

3. (transitive, obsolete) To set a price on; to value; to prize.
4. (transitive, colloquial, dated) To ask the price of.

   to price eggs

Derived terms

• budget-priced

Translations

Further reading

• price in Webster’s Revised Unabridged Dictionary, G. & C. Merriam, 1913.
• price in The Century Dictionary, New York, N.Y.: The Century Co., 1911.

Anagrams

• Cripe, recip.

Latin

Noun

price

1. ablative singular of prex

English

Etymology

backward +? -ation

Noun

backwardation (countable and uncountable, plural backwardations)

1. (finance) The situation in a futures market where prices for future delivery are lower than prices for immediate (or nearer) delivery, generally arising from a near-term shortage of a commodity.
2. (obsolete, London Stock Exchange) A fee paid by a seller on settlement day either to the buyer or to a third party who lends stock, when the seller wishes to defer settlement until the next settlement day.

Antonyms

• contango
• forwardation