What it means

Term structure shows whether later expiries are priced above or below nearer contracts and helps frame carry, storage, or expectation differences.

What to watch

For most intraday indicator work it is background context, but it becomes important when traders compare contract months or build continuous histories.

Where traders usually run into this

Term Structure is most useful once it is tied to a concrete page, chart decision, or workflow question.

  • Front Month keeps this term attached to a real glossary instead of leaving it as standalone jargon.
  • Contract Roll keeps this term attached to a real glossary instead of leaving it as standalone jargon.
  • Basis keeps this term attached to a real glossary instead of leaving it as standalone jargon.

Best next page if this term is blocking you

If you understand the definition but still do not know what to do with it, start with Front Month. That page is the fastest way to see how term structure shows up in a real glossary workflow.

Front Month Glossary