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Word: contango (lookup usage) (lookup stats)


Meaning:

Noun:

  • 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.
  • The amount by which prices for future delivery are higher than prices for near deliver.
  • The situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery.

Source: Wiktionary | Src Info »