Is “Backwardation” a Scrabble word?
Yes
BACKWARDATION
Valid in at least one Scrabble dictionary
Valid in these dictionaries
SOWPODS / CSW
Scrabble UK & International
TWL / NWL
Scrabble North America
Large English Dictionary
General English word list
Meaning of Backwardation
noun
1.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.(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.