@Gregory Well said!
Contango
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The premium or interest paid by the buyer to the seller, to beallowed to defer paying for the stock purchased until the nextfortnightly settlement day. [Eng.]
Contango meaning & definition 1 of Contango.
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Contango (as defined at http://www.investorwords.com)is a
Contango meaning & definition 2 of Contango.
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a situation in which the price of a commodity (= a product such as oil or a metal that is traded in large quantities) is higher if the buyer is to receive the commodity at a future date than it is if the buyer receives it immediately:
Contango meaning & definition 3 of Contango.
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This page shows you usage and meanings of Contango around the world.
Best thing is, its free and you can even contribute without creating an account.
This page shows you usage and meanings of Contango around the world.
