Basis Quote

Basis Quote

In futures contracts, a quote for a contract made with reference to another contract. For example, if a contract with expiry in June is $15 and another contract with expiry in September is $20, the basis quote for the September contract is June expiry + $5. Theoretically, basis quotes consolidate and make quoting futures contracts easier.
References in classic literature ?
Joseph, you calico beastie, don't you dare jump on my lap.
There is the field mouse--the "wee sleekit,* cow'rin', tim'rous beastie," whose nest he turned up and destroyed in his November plowing.
Another, a dilapidated, striped beastie, with both ears and one eye gone, glared at us from the sofa in the corner.