Nearest month

Nearest month

The expiration date of an option or future that is closest to the present.

Nearby Month

Among several different futures contracts or options, describing the one with the shortest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the nearby month contract is the one expiring in March. It is also called the spot month. See also: Most distant futures contract.
References in periodicals archive ?
Lastly, while the DVLA work through the practicalities of how this system works, it does look like they might be making a few extra millions at our expense if the DVLA round up the taxation to the nearest month when it comes to buying and selling.
The easiest and most defendable forecasted price of a live animal is based on futures contracts from the Chicago Mercantile Exchange (CME), specifically taking the price per pound from the CME cattle futures contract for the nearest month to the future week in question.
For instance, releasing loan geography at the metropolitan statistical area (MSA) level instead of at 5-digit ZIP levels, rounding date of origination to the nearest month and rounding loan size to the nearest $10,000 will drastically re-duce--but not eliminate--the number of potential matches.
What - to the nearest month - is the gestation period of a horse?
After confirming proof of competitor security coverage and the expiration date for coverage, AVG will round up the length of their existing license to the nearest month.
This is the way markets should be when they are in perfect balance, but for months now, the nearest month was higher than the next month which is a sure sign of tight inventories.
However, we expect that within the nearest months interest of investors does not return to the companies of ferrous
The Kyrgyz government made the decision not to raise natural gas tariffs in the nearest months, Tazabek was told in the Kyrgyz gas company.
Work is expected to commence in the nearest months and the project is due to be completed by the end of 2009.
Treasury will be able to fulfill its obligation, at least until September, so the technical default does not threat the States within the nearest months.
The President said the parliamentary elections are the main issue for Kyrgyzstan for the nearest months and years.