Definitions for "FRONT MONTH"
Keywords:  nearest, expires, nymex, month, expiry
The first month of those listed by an exchange - this is usually the most actively traded contract, but liquidity will move from this to the second month contract as the front month nears expiration. Also known as the NEAR MONTH.
This is the most current month in which the futures contract is being traded. Also called the near or spot month. Trading of the front month expires 5 business days prior to the end of the first calendar day of the delivery month for the NYMEX Henry Hub.
The nearest month to the expiry date. More information on the different spread bet months Click Here