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contango

 - 3 dictionary results
Contango - Fuel Storage
Short or Long Term Fuel Containment Bladder Tanks to 210,000 USG & more
www.mpccontainment.com

con⋅tang⋅o

  [kuhn-tang-goh]
Use contango in a Sentence
–noun, plural -gos, -goes.
(on the London stock exchange) a fee paid by a buyer of securities to the seller for the privilege of deferring payment.
Also called continuation.
Compare backwardation.

Origin:
1850–55; said to be alter. of continue or contingent
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To contango
Contango - Fuel Storage
Short or Long Term Fuel Containment Bladder Tanks to 210,000 USG & more
www.mpccontainment.com
Financial Dictionary

Contango

When the futures price is above the expected future spot price. Consequently, the price will decline to the spot price before the delivery date.

Investopedia Commentary

This is the opposite of backwardation.

See also: Backwardation, Inverted Market

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

contango

In futures or options trading, a market in which longer-term contracts carry a higher price than near-term contracts. The premium accorded to longer maturities is a normal condition of the market and reflects the cost of carrying the commodity for future delivery. Compare inverted market.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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