When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next (or the 'next out') futures contract is the one that settles just after the nearby futures contract. The contract farthest away in time from settlement is called the most distant futures contract.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosn.htm
When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next futures contract is the one that settles just after the nearby futures contract. The contract farthest away in time from settlement is called the most distant futures contract.
Found on
http://www.encyclo.co.uk/local/20047
When several futures contracts are considered, the contract with the closest settlement date is call
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
