contango
Use Contango in a sentence
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.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source
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Link To Contango
Collins
World English Dictionary
contango (kənˈtæŋɡəʊ) ![[Click for IPA pronunciation guide]](http://static.sfdict.com/dictstatic/g/d/dictionary_questionbutton_default.gif) | |
| —n , pl -gos | |
| 1. | (formerly, on the London Stock Exchange) postponement of payment for and delivery of stock from one account day to the next |
| 2. | Compare backwardation carry-over, Also called: continuation the fee paid for such a postponement |
| —vb , -gos, -goes, -going, -goed | |
| 3. | (tr) to arrange such a postponement of payment (for): my brokers will contango these shares |
| [C19: apparently an arbitrary coinage based on | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Contango
is always a great word to know.
So is zedonk. Does it mean:
| the offspring of a zebra and a donkey. |
| a screen or mat covered with a dark material for shielding a camera lens from excess light or glare. |
Etymonline
Word Origin & History
contango
1853, a stockbroker's invention, somehow derived from continue. As a verb, from 1900.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
Futures prices for physical commodities are thus typically higher than spot prices, a situation known as contango.
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