contangos

contangos
con·tan·go || kən'tæŋgəʊ n. fee for delay, fee for postponement

English contemporary dictionary. 2014.

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  • contango — /keuhn tang goh/, n., pl. contangos, contangoes. (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. Cf. backwardation. [1850 55; said to be alter. of… …   Universalium

  • contango-day — contangˈo day noun That on which contangos are fixed (also continuation day) • • • Main Entry: ↑contango …   Useful english dictionary

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