What is the definition of Positive basis? | Dictionary.net

POSITIVE BASIS

\pˈɒzɪtˌɪv bˈe͡ɪsɪs], \pˈɒzɪtˌɪv bˈe‍ɪsɪs], \p_ˈɒ_z_ɪ_t_ˌɪ_v b_ˈeɪ_s_ɪ_s]\

Definitions of POSITIVE BASIS

1910 - Black's Law Dictionary (2nd edition)

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When the price of cash is greater than the price of the futures. Refer to basis risk and negative basis.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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