(obsolete) In the 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.
In full normal backwardation: the situation in a futures market where the price for future delivery of a commodity (the forward price) is lower than the price for immediate delivery (the spot price) or nearer delivery, generally arising from a near-term shortage of the commodity.
The situation in a stock market where the offer price for stock is lower than the bid price.
backwatered
backwatered
verb
simple past tense and past participle of backwater
birdwatch
birdwatch
noun
A session of observing and identifying birds.
verb
(intransitive) To take part in birdwatching; to observe and identify birds.
birdwatched
birdwatched
verb
simple past tense and past participle of birdwatch
birdwatches
birdwatches
verb
Third-person singular simple present indicative form of birdwatch
birdwatching
birdwatching
noun
(slang) The hobby of watching rocket launches.
Observing or identifying wild birds in their natural environment.
blowtorched
blowtorched
verb
past participle of blowtorch
counterembowed
counterembowed
adj
(heraldry) Bent, curved or arched in two directions, both to the left and to the right, or both upwards and downwards.
switchboard
switchboard
noun
(electrical engineering) A large piece of power-distribution equipment that directs electricity to multiple loads.
(telecommunications) The electronic panel that is used to direct telephone calls to the desired recipient.
