contango

noun
con·​tango | \ kənˈtaŋgō \
plural contangos or contangoes

Definition of contango

 (Entry 1 of 2)

: 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
\ " \
-ed/-ing/-es

Definition of contango (Entry 2 of 2)

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

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History and Etymology for contango

Noun

perhaps alteration of continue

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Cite this Entry

“Contango.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/contango. Accessed 24 Nov. 2020.

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