Found 1 items, similar to Contango.
English → English (gcide) Definition: Contango Contango \Con*tan"go\ (k[o^]n*t[a^][ng]"g[-o]), n.; pl. Contangoes. [Prob. a corruption of contingent.] 1. (Stock Exchange) The premium or interest paid by the buyer to the seller, to be allowed to defer paying for the stock purchased until the next fortnightly settlement day. [Eng.] [1913 Webster] 2. (Law) The postponement of payment by the buyer of stock on the payment of a premium to the seller. See Backwardation. --N. Biddle. [1913 Webster] ||