Contango
Defined in 4 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
In English law. The commission received for carrying over or putting off the time of execution of a contract to deliver stocks or pay for them at a certain time. Wharton. CONTEK (Law Fr.) A contest; dispute; disturbance; opposition. Britt. c. 42; Kelham. Conteckours; brawlers; disturbers of the peace. Britt. c. 29.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
A double bargain, consistof a sale for cash of stock previously bought which the broker does not wish to carry, and a repurchase for the re-settlement two weeks ahead of the same stock at the same price as at the sale plus interest accrued up to the date of that settlement. The rate of interest is called a "contango" and contango days are the two days during the settlement when these arrangements are in effect. C0NTEK (L. Fr.). A contest, dispute, disturbance, opposition. Britt. c. 42.
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910