contango day

English

Etymology

contango + day

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)‎[1], William Blackwood and Sons, page 302: “...contango day, the second day before settling day.”
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