Nearest Month
Barron's Finance & Investment Dictionary:
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Nearest Month
in commodity futures or option trading, the expiration dates, expressed as months, closest to the present. For a commodity or an option that had delivery or expiration dates available in September, December, March, and June, for instance, the nearest month would be September if a trade were being made in August.
Nearest month contracts, called nearbys, are always more heavily traded than Furthest Month contracts.
Nearest month contracts, called nearbys, are always more heavily traded than Furthest Month contracts.
| Near Money, Nationalization | |
| Negative Amortization Loan, Negative Carry |
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Nearest Month
Barron's Banking Dictionary:
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Nearest Month
Nearest active trading month of a financial futures market, as opposed to Furthest Month. Also called nearby month.
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Barron's Finance & Investment Dictionary
Dictionary of Finance and Investment Terms. Copyright © 2010 by Barron's Educational Series, Inc. All rights reserved.
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