contango

1 of 2

noun

con·​tango

kənˈtaŋgō

plural contangos or contangoes

: premium or interest paid on a fixed day on the London stock exchange by a buyer to the seller to be allowed to defer payment until a future settlement compare backwardation

contango

2 of 2

intransitive verb

"

-ed/-ing/-es

: to allow deferment of payment of the purchase price of stocks in consideration of a contango

Word History

Etymology

Noun

perhaps alteration of continue

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