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



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Word of the Day

3 April 2025

WHOLE

(noun) an assemblage of parts that is regarded as a single entity; “how big is that part compared to the whole?”; “the team is a unit”


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Coffee Trivia

Coffee has initially been a food – chewed, not sipped. Early African tribes consume coffee by grinding the berries together, adding some animal fat, and rolling the treats into tiny edible energy balls.

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