Online Resource Library
Commentary Index | Return to PrayerRequest.com | DownloadNoah Webster Dictionary (1913 edition): Contango
Subjects in this Topic:
(1):
(n.) The premium or interest paid by the buyer to the seller, to be allowed to defer paying for the stock purchased until the next fortnightly settlement day.
(2):
(n.) The postponement of payment by the buyer of stock on the payment of a premium to the seller. See Backwardation.