Convergence

Business, Legal & Accounting Glossary

Definition: Convergence


Convergence


Full Definition of Convergence


The coming together of futures prices and cash market prices on the final trading day of a futures contract, as the basis approaches zero.


Cite Term


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https://payrollheaven.com/define/convergence/
Modern Language Association (MLA):
Convergence. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 12, 2025 https://payrollheaven.com/define/convergence/.
Chicago Manual of Style (CMS):
Convergence. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/convergence/ (accessed: March 12, 2025).
American Psychological Association (APA):
Convergence. PayrollHeaven.com. Retrieved March 12, 2025
, from PayrollHeaven.com website: https://payrollheaven.com/define/convergence/

Definition Sources


Definitions for Convergence are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.