|
Definition of Contango
1. n. 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.
Definition of Contango
1. Noun. The situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery. ¹
2. Noun. The amount by which prices for future delivery are higher than prices for near delivery. ¹
3. Noun. (obsolete London Stock Exchange) Fee paid by a buyer to the seller on settlement day when the buyer wishes to defer settlement until the next settlement day. ¹
¹ Source: wiktionary.com
Definition of Contango
1. a stock exchange practice [n -S]