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]
—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.