CONTANGOED

Verb

contangoed

simple past tense and past participle of contango

Source: Wiktionary


CONTANGO

Con*tan"go, n.; pl. Contangoes. Etym: [Prob. a corruption of contingent.]

1. (Stock Exchange)

Definition: The premium or interest paid by the buyer to the seller, to be allowed to defer paying for the stock purchased until the next fortnightly settlement day. [Eng.]

2. (Law)

Definition: The postponement of payment by the buyer of stock on the payment of a premium to the seller. See Backwardation. N. Biddle.

Source: Webster’s Unabridged Dictionary 1913 Edition



RESET




Word of the Day

2 April 2025

COVERT

(adjective) secret or hidden; not openly practiced or engaged in or shown or avowed; “covert actions by the CIA”; “covert funding for the rebels”


coffee icon

Coffee Trivia

The average annual yield from one coffee tree is the equivalent of 1 to 1 1/2 pounds of roasted coffee. It takes about 4,000 hand-picked green coffee beans to make a pound of coffee.

coffee icon