Definify.com

Definition 2024


contango_day

contango day

English

Noun

contango day (plural contango days)

  1. (obsolete, London Stock Exchange) The second day before payment of a contango debt is due.[1]

References

  1. 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.”