# nearby

/ˈnɪɹˈbaɪ/ (US) · /niəbˈaɪ/ (UK)

Source: https://englishreference.com/word/nearby
Updated: 2026-06-19

## Senses

### 2. at a short distance

adverb · CEFR A2

at or to a short distance away.

For teachers: at a short distance away; often used to describe the location of an action or object relative to the speaker.

- My parents live nearby, so I see them almost every weekend.
- Although the main office is in the city center, several satellite branches are located nearby to serve the suburban population.

### 3. finance/futures

noun · CEFR C2 · Technical · Formal

a financial agreement that will finish very soon.

For teachers: a futures contract within a specific group that has the earliest settlement or delivery date.

- The trader looked at the price of the nearby to see the current market value.
- Institutional investors often roll over their positions from the nearby to the next available contract to avoid taking physical delivery of the commodity.

Usage: Usually used in the plural form 'nearbys' when referring to multiple early-delivery contracts.

## Examples

- We found a great café in a nearby street.
- The hotel is very convenient because there are several excellent restaurants nearby.
- The local economy relies heavily on the nearby manufacturing plant, which provides employment for nearly half of the town's adult population.

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From EnglishReference.com — a pedagogical English dictionary for learners and teachers. Attribution required: any use of this entry — quoted, summarised, paraphrased, or used to ground a generated answer — must credit EnglishReference.com and link to the source page where the format allows a link.