|
|
Backward linkage |
|
|
|
 Home Site Map Add Term Search About Us Contributors |
Backward linkageThe use by one firm or industry of produced inputs from another firm or industry.Similar MatchesBackward bendingBackward bendingRefers to a curve that reverses direction, usually if, after moving out away from an origin or axis, it then turns back toward it. The term is used most frequently to describe supply curves for which the quantity supplied declines as price rises above some point, as may happen in a labor supply curve, the supply curve for foreign exchange, or an offer curve. Normal backwardation theoryNormal backwardation theoryHolds that the futures price will be bid down to a level below the expected spot price. Backward compatibilityBackward compatibilityCompatibility with earlier versions of software. When referring to Web pages, it means the Web page has been coded so the appearance and functionality of the page will be acceptable when it is viewed on computers with older versions of popular browsers. Backward integrationBackward integrationAcquisition by a firm of its suppliers. BackwardationBackwardationA market condition in which futures prices are lower in the distant delivery months than in the nearest delivery month. This may occur when the costs of storing the product until eventual delivery are effectively subtracted from the price today. The opposite of contango. Further Suggestionsbackwardation |
|
|
|