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CARRYING OVER, or CONTINUATION

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Originally appearing in Volume V05, Page 410 of the 1911 Encyclopedia Britannica.

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CARRYING OVER, or CONTINUATION , a stock

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EXCHANGE

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TERM

term for the operation by which the

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settlement of a bargain transacted for

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MONEY

money or for a given

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account, may for a

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CONSIDERATION (from Lat. considerare, to look at closely, examine, generally taken to be from con-, and the base seen in sidus, sideris, a star, the word being supposed to be originally an astrological or astronomical term)

consideration (called either a "

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CONTANGO

contango " or a " backwardation ") be postponed from one settling

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day to another . Such a continuation is

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EQUIVALENT

equivalent to a

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sale " for the day " and a repurchase for the succeeding account, or to a

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PURCHASE

purchase " for the day " and a resale for the succeeding account . The

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price at which such transactions are adjusted is the " making-up " price of the day .

End of Article: CARRYING OVER, or CONTINUATION

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