To borrow loosely from a navigational technique, the process of triangulation is used to plot the best direction by noting past accomplishments (and difficulties) and the current location of particular strengths and weaknesses in order to chart an effective course of future action. (miresearch.org)
[6] Because the normal course of a futures contract in a market in contango is to decline in price, a fund composed of such contracts buys the contracts at the high price (going forward) and closes them out later at the usually lower spot price. (en.wikipedia.org)
An employee may file the company's annual tax return on time but discover, during the course of a future audit, that significant errors were made. (fortune.com)