单词 | contango |
释义 | contangon. Stock Market. The percentage which a buyer of stock pays to the seller to postpone transfer to the next or any future settling day; continuation; the opposite of backwardation n. contango-day: continuation-day, the second day before settling-day. ΘΚΠ society > trade and finance > stocks and shares > [noun] > payments to seller or broker margin1848 backwardation1850 contango1853 backwardization1865 society > trade and finance > stocks and shares > [noun] > stock exchange accounting period > settlement > settlement day > second day before carrying-over day1850 carryover day1872 contango-day1887 1853 Notes & Queries 17 Dec. 586/2 Contango, a technical term in use among the sharebrokers of Liverpool. 1854 C. Fenn Eng. & For. Funds 109 Contango is the sum paid per Share or per Cent for carrying over such Shares for a longer period than they were originally bought for, which is from one account to another. 1882 Daily News 27 July The settlement was commenced on the Stock Exchange yesterday, and contangoes proved light. 1885 St. James's Gaz. 25 Mar. 9/2 On Russian of 1873 stock the contango charged this morning changed to a slight backwardation. 1886 Sir N. Lindley in Law Times 80 210/1 The distinction between loans and continuations in the books of the bank was very clear..the continuations being entered as reports, which, we were told, is the French equivalent to contango. 1887 Encycl. Brit. XXII. 557 The continuation or contango day, when all transactions of a merely speculative description are continued for another fortnight. 1893 W. G. Cordingley Guide to Stock Exchange 44 The first day of the Settlement is called ‘Contango Day’. 1898 Westm. Gaz. 20 Oct. 8/1 Monday, October 31, will be contango day in Watney-Combe securities. 1903 Westm. Gaz. 6 Feb. 9/1 Monday..is the official mining contango-day. 1970 Times 14 July 28 Dealings began, July 13. Dealings end, July 24. Contango day, July 27. Settlement day, August 4. This entry has not yet been fully updated (first published 1893; most recently modified version published online March 2022). contangov. transitive. To pay contango on (stocks or shares); also absol. to obtain deferment of payment of the purchase price of stocks in consideration of a contango. ΘΚΠ society > trade and finance > stocks and shares > deal in stocks and shares [verb (transitive)] > carry over or pay to delay transfer to carry over1745 contango1900 to give on1928 society > trade and finance > stocks and shares > deal in stocks and shares [verb (intransitive)] > pay to delay transfer to get out1728 contango1922 1900 Westm. Gaz. 30 Apr. 9/1 In Chili they should have earned at least 8 per cent., on deposit here 3 per cent., and if used in ‘contangoing’ stocks, as in the case of the Bank of Tarapaca, considerably more. 1922 Weekly Westm. Gaz. 20 May 31/1 Probably at first many of the opponents of the measure may refuse to Contangoe at all. 1928 Morning Post 19 Nov. The broker will, as a rule, endeavour to carry over, give on, or contango—the words all mean the same thing—the 50 Gramophone shares. This entry has not yet been fully updated (first published 1933; most recently modified version published online June 2019). < |
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