Sentences with contango
con·tang·o
C c - My brokers will contango these shares
- Contango is the term applied when the contract price promised in a futures market upon delivery of an item is higher the more distant in time the delivery will occur.A contango is observed when the futures price is higher than the spot or cash price.Contango is a situation in which the price of a forward or futures contract is trading above the expected spot price when the contract matures.
- Contango all but evaporated Wednesday, with the gap between contracts narrowing.
- This word originated in 19th century England, and is believed to be a corruption of the word "continue" or "contingent".
- 2003: Normally new buyers would go after the March silver contract, especially with such a small contango. — Bill Murphy, Kitco Bullion Dealers [2]