contango
noun
- 1
The situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery.
- 2
The amount by which prices for future delivery are higher than prices for near delivery.
- 3
(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.
Synonyms
Antonyms
verb
- 1
(London Stock Exchange) To charge (a buyer) a fee to defer settlement until the next settlement day.
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