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Meaning of Nearby futures contract explanation. What is with the closest settlement date is called.

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Nearby futures contract definition

Meaning NEARBY FUTURES CONTRACT: When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next (or the "next out") futures contract is the one that settles just after the nearby futures contract. The contract farthest away in time from settlement is called the most distant futures contract

More terms such as Nearby futures contract in Dictionary N.

Definition Note Agreement:
Examples A contract for privately placed debt nearby futures contract definition.
Definition Net Profit Margin:
Examples Net income divided by sales; the amount of each sales dollar left over after all expenses have been paid nearby futures contract explain.
Definition Nonparticipating Life Insurance Policy:
Examples Life insurance policy whose policyholders do not receive dividends, because they are not participants in the interest, dividends, and capital gains earned by the insurer on premiums paid nearby futures contract what is.
Definition Nonrecourse:
Examples In the case of default, the lender has ability to claim assets over and above what the limited partners contributed nearby futures contract meaning.
Definition Noncash Charge:
Examples A cost, such as depreciation, depletion, and amortization, that does not involve any cash outflow nearby futures contract abbreviation.
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