TeachMeFinance.com - explain Carrying over
Carrying over -- Carrying over charges are those which the buyer or seller
(as the case may be) has to pay for the privilege of not receiving
or delivering stock at the regular time. The charge for
non-payment of cash for stock is called contango. A contango
is generally paid by bulls and received by bears ; but if a stock
has been so much oversold that it. is scarce for delivery a
charge is made for non-delivery of the stock, which is called a
backwardation ; this is paid by bears and received by bulls.
If the accounts balance the rate is even.
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