nearby

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Nearby

The nearest active trading month of a financial or commodity futures market. Related: Deferred futures.

Current Delivery

Among several different futures contracts, the one with the shortest maturity. For example, given three futures contracts, one expiring in March, one in June, and one in September, the current deliver is the one expiring in March. It is also called the nearby deliver. See also: Most distant futures contract.

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.

nearby

In futures and options trading, the contract month that has the closest delivery or expiration. Also called lead month. Compare furthest out.
References in classic literature ?
I took a copy of this letter, and finding it lay at the house near a month and was not called for, I found means to have the copy of it put into his own hands at a coffee-house, where I had by inquiry found he used to go.
Under these reflections I continued very pensive and sad for near month, and did not go down to the Bath, having no inclination to be with the woman whom I was with before; lest, as I thought, she should prompt me to some wicked course of life again, as she had done; and besides, I was very loth she should know I was cast off as above.
It was death to me to part with the child, and yet when I considered the danger of being one time or other left with him to keep without a maintenance to support him, I then resolved to leave him where he was; but then I concluded also to be near him myself too, that I then might have the satisfaction of seeing him, without the care of providing for him.
To conclude: having stayed near four months in Hamburgh, I came from thence by land to the Hague, where I embarked in the packet, and arrived in London the 10th of January 1705, having been absent from England ten years and nine months.
In the interval of time while this was doing, I went out once at least every day with my gun, as well to divert myself as to see if I could kill anything fit for food; and, as near as I could, to acquaint myself with what the island produced.
Then it occurred to me again, how well I was furnished for my subsistence, and what would have been my case if it had not happened (which was a hundred thousand to one) that the ship floated from the place where she first struck, and was driven so near to the shore that I had time to get all these things out of her; what would have been my case, if I had been forced to have lived in the condition in which I at first came on shore, without necessaries of life, or necessaries to supply and procure them?
This want of tools made every work I did go on heavily; and it was near a whole year before I had entirely finished my little pale, or surrounded my habitation.
The picture showed a dark man with an evil face made more forbidding by a long scar extending from near the temple diagonally downward into the black mustache.
I lost a mule near there once," I replied, "and the mischance has-- has quite--upset me.
But my night was wretched, my rest broken: the ground was damp, the air cold: besides, intruders passed near me more than once, and I had again and again to change my quarters; no sense of safety or tranquillity befriended me.
I had, by cross- ways and by-paths, once more drawn near the tract of moorland; and now, only a few fields, almost as wild and unproductive as the heath from which they were scarcely reclaimed, lay between me and the dusky hill.
A group of more interest appeared near the hearth, sitting still amidst the rosy peace and warmth suffusing it.