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Word entry · 8 letters

contango

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8 lettersPronunciation /kənˈtæŋɡoʊ̯/Sorted acgnnootStarts with CEnds with O0 clues
1C2O3N4T5A6N7G8O

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Definitions

  1. A futures-market condition where later delivery prices exceed near-term prices.

Used in a sentence

  • most of these other commodities are generally in contango
  • Normally new buyers would go after the March silver contract, especially with such a small contango.

Source: Wiktionary, CC BY-SA 4.0

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