contango

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Also found in: Financial.

con·tan·go

 (kən-tăng′gō)
n.
A state in which the price of a futures contract is higher than the eventual or expected spot price of the underlying commodity or security.

[Probably alteration of 19th-century stock-exchange jargon continuation, the carrying over of an account until the next designated date of settlement.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

contango

(kənˈtæŋɡəʊ)
n, pl -gos
1. (Stock Exchange) (formerly, on the London Stock Exchange) postponement of payment for and delivery of stock from one account day to the next
2. (Stock Exchange) Also called: carry-over or continuation the fee paid for such a postponement. Compare backwardation
vb, -goes, -going or -goed
(Stock Exchange) (tr) to arrange such a postponement of payment (for): my brokers will contango these shares.
[C19: apparently an arbitrary coinage based on continue]
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

contango


Past participle: contangoed
Gerund: contangoing

Imperative
contango
contango
Present
I contango
you contango
he/she/it contangoes
we contango
you contango
they contango
Preterite
I contangoed
you contangoed
he/she/it contangoed
we contangoed
you contangoed
they contangoed
Present Continuous
I am contangoing
you are contangoing
he/she/it is contangoing
we are contangoing
you are contangoing
they are contangoing
Present Perfect
I have contangoed
you have contangoed
he/she/it has contangoed
we have contangoed
you have contangoed
they have contangoed
Past Continuous
I was contangoing
you were contangoing
he/she/it was contangoing
we were contangoing
you were contangoing
they were contangoing
Past Perfect
I had contangoed
you had contangoed
he/she/it had contangoed
we had contangoed
you had contangoed
they had contangoed
Future
I will contango
you will contango
he/she/it will contango
we will contango
you will contango
they will contango
Future Perfect
I will have contangoed
you will have contangoed
he/she/it will have contangoed
we will have contangoed
you will have contangoed
they will have contangoed
Future Continuous
I will be contangoing
you will be contangoing
he/she/it will be contangoing
we will be contangoing
you will be contangoing
they will be contangoing
Present Perfect Continuous
I have been contangoing
you have been contangoing
he/she/it has been contangoing
we have been contangoing
you have been contangoing
they have been contangoing
Future Perfect Continuous
I will have been contangoing
you will have been contangoing
he/she/it will have been contangoing
we will have been contangoing
you will have been contangoing
they will have been contangoing
Past Perfect Continuous
I had been contangoing
you had been contangoing
he/she/it had been contangoing
we had been contangoing
you had been contangoing
they had been contangoing
Conditional
I would contango
you would contango
he/she/it would contango
we would contango
you would contango
they would contango
Past Conditional
I would have contangoed
you would have contangoed
he/she/it would have contangoed
we would have contangoed
you would have contangoed
they would have contangoed
Collins English Verb Tables © HarperCollins Publishers 2011
Translations

contango

n (Fin) → Report m
Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007
References in periodicals archive ?
Gonzalez of Woodside, collected premium payments, issued temporary automobile ID cards, but failed to forward premiums to the appropriate insurer.
Forward premiums in the onshore foreign-exchange market crashed when the RBI started its dollar-rupee swap, but are now spiking up.
A cease and desist order has been issued to a Mississippi insurance agent accused of failing to forward premiums to the respective insurance companies.
Hariharan said that very high forward premiums are making it tough for debt markets to attract money, so the rupee is likely to move in the 54.25-55.50 range in near term.
Noticing speculative dollar buying, the central bank linked forward purchases by importers to actual maturity of import letters of credit and the restriction had immediately forced down forward premiums.
The deviation of the long bond price from the pure expectations hypothesis is thus accounted for by the product of the individual forward premiums ([F.sub.t,j.sup.(1)]),
Specifically, she was accused of failing to forward premiums collected from customers to the insurance carriers that were writing the policies.
In 1982 the bubble burst, as forward premiums on shares rose to record heights to generate liquidity, and share prices started to fall, thereby lowering the value of portfolios.
At the time of the first forward transaction, it was not economical to provide for the forward refunding of consolidated bonds, 51st series, because the forward period of 37 months at that time would have demanded a prohibitive forward premium. In succeeding months, however, as the forward market became more liquid, forward premiums began to come down, and the first call date of those bonds grew closer.
Although the impact could be significant for some in 2018, all 2018 and going forward premiums will include VAT.
The four also failed to return unearned commissions to the NYAIP and failed to forward premiums from insureds to several insurance companies.
Specifically, she is accused of failing to forward premiums collected from customers to the insurance carriers that were writing the policies.