back month

Back Month

Among several different futures contracts, the one with the longest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the back month is the one expiring in September.

back month

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References in periodicals archive ?
The customers continue to come back month after month for their skin treatments or weight loss programs.
Certainly there was little news last week that had much effect on either nearby or back month prices, just steady gains in relatively nonvolatile trading activity.
The staff will stay on, and the customers continue to come back month after month for their skin treatments or weight loss programs.
The whole purpose behind archiving is to be able to go back months and even years later to retrieve data.