contango definition, contango meaning | English dictionary

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contango

  

      n   pl   , -gos  
1    (formerly, on the London Stock Exchange) postponement of payment for and delivery of stock from one account day to the next  
2    the fee paid for such a postponement,   (Also called)    carry-over, continuation      Compare       backwardation  
      vb   , -goes, -going, -goed  
3    tr   to arrange such a postponement of payment (for)  
my brokers will contango these shares     
     (C19: apparently an arbitrary coinage based on continue)  
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