English
Noun
en-noun
- the situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery.
#: 2005: most of these other commodities are generally in contango — Futures Industry Magazine 1
- the amount by which prices for future delivery are higher than prices for near deliver.
#: 2003: Normally new buyers would go after the March silver contract, especially with such a small contango. — Bill Murphy, Kitco Bullion Dealers 2
Category:Finance
<!-- see for instance the 1913 Encyclopedia Britannica on this usage -->
- (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
Category:Obsolete
External links
wikipedia
ru:contango
vi:contango
zh:contango
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