About The Word Contango
Learn about the word Contango to help solve your crossword puzzle. Discover Contango definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Contango
| Contango Definition And Meaning |
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What's The Definition Of Contango?Synonyms | Synonyms for Contango: Related Terms | Find terms related to Contango: See Also | Contango In Webster's Dictionary \Con*tan"go\ (k[o^]n*t[a^][ng]"g[-o]), n.; pl.
{Contangoes}. [Prob. a corruption of contingent.]
1. (Stock Exchange) The premium or interest paid by the buyer
to the seller, to be allowed to defer paying for the stock
purchased until the next fortnightly settlement day.
[Eng.]
2. (Law) The postponement of payment by the buyer of stock on
the payment of a premium to the seller. See
{Backwardation}. --N. Biddle.
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