The New York Stock Exchange started out as a coffee house.
contangoes
plural of contango
Source: Wiktionary
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.
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
2 July 2024
(verb) move through a space, circuit or system, returning to the starting point; “Blood circulates in my veins”; “The air here does not circulate”
The New York Stock Exchange started out as a coffee house.