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contango
[ kuhn-tang-goh ]
noun
, plural con·tang·os, con·tang·oes.
- (on the London stock exchange) a fee paid by a buyer of securities to the seller for the privilege of deferring payment.
contango
/ kənˈtæŋɡəʊ /
noun
- (formerly, on the London Stock Exchange) postponement of payment for and delivery of stock from one account day to the next
- Also calledcarry-overcontinuation the fee paid for such a postponement Compare backwardation
verb
- tr to arrange such a postponement of payment (for)
my brokers will contango these shares
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Word History and Origins
Origin of contango1
1850–55; said to be alteration of continue or contingent
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Word History and Origins
Origin of contango1
C19: apparently an arbitrary coinage based on continue
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Compare Meanings
How does contango compare to similar and commonly confused words? Explore the most common comparisons:
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