[ kuhn-tang-goh ]
/ kənˈtæŋ goʊ /
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.
DISCOVER THE INFLUENCE OF PORTUGUESE ON ENGLISH VIA THIS QUIZ!
We’ve gathered some interesting words donated to English from Portuguese … as well as some that just don’t translate at all. Do you know what they mean?
Question 1 of 11
Which of the following animal names traces its immediate origin to Portuguese?
Also called continuation.
Words nearby contango
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021
British Dictionary definitions for contango
/ (kənˈtæŋɡəʊ) /
noun plural -gos
(formerly, on the London Stock Exchange) postponement of payment for and delivery of stock from one account day to the next
Also called: carry-over, continuation the fee paid for such a postponementCompare backwardation
verb -goes, -going or -goed
(tr) to arrange such a postponement of payment (for)my brokers will contango these shares
Word Origin for contango
C19: apparently an arbitrary coinage based on continue
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012