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Finance Dictionary and Glossary of Investment Terms
Back Months
Definition 1.
The available futures contracts for a particular commodity that possess expirations or delivery dates furthest into the future. Also referred to as deferred futures or forward months.
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Definition 2.
The futures or options months being traded that are furthest from expiration.
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Definition 3.
In the context of futures and options trading, refers to the months of contracts with expiration dates farthest away. See farthest month.
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