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Definition 2024
contango_day
contango day
English
Noun
contango day (plural contango days)
- (obsolete, London Stock Exchange) The second day before payment of a contango debt is due.[1]
- 1968, P. G. Wodehouse, 'Do Butlers Burgle Banks?', Everyman, London: 2005, p 156.
- 'Let's see, when is next contango day?' asked Ferdie.
- 1968, P. G. Wodehouse, 'Do Butlers Burgle Banks?', Everyman, London: 2005, p 156.
References
- ↑ Mitchell, James (1908) Significant Etymology (or Roots, Stems, and Branches of the English Language), William Blackwood and Sons, page 302: “...contango day, the second day before settling day.”