Looking for the meaning of the word CONTANGO in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of CONTANGO with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Contango
Speech Type: Noun
Etymology:
mid 19th century: probably an arbitrary formation on the pattern of Latin verb forms ending in -o in the first person singular, perhaps with the idea ‘I make contingent’ (see contingent)
Audio Pronunciation:
Phonetic Spelling:
kənˈtaŋɡəʊ
Dialects: British English
Definition:
the normal situation in which the spot or cash price of a commodity is lower than the forward price.
Short Definition:normal situation in which spot or cash price of commodity is lower than forward price
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