1

contango

noun con·tango \kənˈtaŋgō\

Definition of contango

plural

contangos

or

contangoes

  1. :  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

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Origin and Etymology of contango

perhaps alteration of continue


2

contango

intransitive verb con·tango \"\

Definition of contango

-ed/-ing/-es

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

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