An amount paid by a bull who wishes to defer the purchase of shares to the next accounting period is
a
brokerage
b
backwardation
c
contango
d
commission
Explanation
Correct Option
bNo explanation available
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Fire123wolfgirl
2 months ago
The correct answer is:
C. contango 
Explanation:
Contango refers to the situation in finance where the payment for a purchase (like shares or commodities) is deferred to a future date, often at a premium. In other words, the buyer agrees to pay later rather than immediately.

Brhm
3 years ago
The answer is backwarding which is an amount paid by a speculator ( bull, bear and stag) to the buyer when he is unable to deliver stock to the buyer on the agreed date.

