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Dictionary


con•tang•o



Pronunciation: (kun-tang'gō), Strict Standards: Non-static method FenSites::linkTo() should not be called statically in /site/html/dictionary/contango.html on line 73 [key]
n.,
pl. -gos, -goes.

(on the London stock exchange) a fee paid by a buyer of securities to the seller for the privilege of deferring payment. Also called continuation. Cf. backwardation.

Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.

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