nearby /ˌnɪə(ɹ)ˈbaɪ/adjective 1adverb 1noun 1forms 3 adjective1 •a short distance away, not far from here or from the place talked aboutHe stopped at a nearby store for some groceries. adverb1 •Next to, close to.I'm glad my friends live nearby where I can visit them. noun1 •A futures contract, of a particular group, whose settlement date is the earliest.In each of these markets the nearbys are almost invariably at a discount — a discount that tends to widen in bull markets and narrow in bear markets. — 1984 formsnearbys · more nearby · most nearby