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Bible Dictionaries
Contango
Webster's Dictionary
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(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.
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Text Courtesy of BibleSupport.com. Used by Permission.
These files are public domain.
Text Courtesy of BibleSupport.com. Used by Permission.
Bibliography Information
Webster, Noah. Entry for 'Contango'. Noah Webster's American Dictionary. https://www.studylight.org/dictionaries/eng/web/c/contango.html. 1828.
Webster, Noah. Entry for 'Contango'. Noah Webster's American Dictionary. https://www.studylight.org/dictionaries/eng/web/c/contango.html. 1828.
