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contango

[ kuhn-tang-goh ]

noun

, plural con·tang·os, con·tang·oes.
  1. (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

  1. (formerly, on the London Stock Exchange) postponement of payment for and delivery of stock from one account day to the next
  2. Also calledcarry-overcontinuation the fee paid for such a postponement Compare backwardation


verb

  1. 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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contaminationcontd.