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contango |
Also found in: Financial, Wikipedia | 0.03 sec. |
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contango [kənˈtæŋgəʊ] n pl -gos 1. (Economics, Accounting & Finance / Stock Exchange) (formerly, on the London Stock Exchange) postponement of payment for and delivery of stock from one account day to the next 2. (Economics, Accounting & Finance / Stock Exchange) the fee paid for such a postponement Also called carry-over continuation Compare backwardation vb -goes, -going, -goed
(Economics, Accounting & Finance / Stock Exchange) (tr) to arrange such a postponement of payment (for) my brokers will contango these shares [apparently an arbitrary coinage based on continue] Translations contango n (Fin) → Report m How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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