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contango
[ kuhn-tang-goh ]
/ kənˈtæŋ goʊ /
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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.
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Also called continuation.
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Origin of contango
1850–55; said to be alteration of continue or contingent
Words nearby contango
containment, policy of, contakion, contaminant, contaminate, contamination, contango, contd., conte, contemn, contemp., contemplable
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
British Dictionary definitions for contango
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
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
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