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Trading glossary · markets

delivery month

The month when a buy-it-later deal is due to finish, which is part of the deal's name.

The fuller meaning

The month in which a futures contract expires and settles, fixed in the contract with its quantity and quality; exchanges list several delivery months at once. Traders who want to stay in must close the expiring contract and open a later month, which is called rolling.

delivery month, also called contract month.

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