| 释义 |
▪ I. contango, n. Stock Exchange.|kənˈtæŋgəʊ|
[App. an arbitrary or fortuitous formation from continue.]
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. contango-day: continuation-day, the second day before settling-day.
1853N. & Q. 17 Dec. 586/2 Contango, a technical term in use among the sharebrokers of Liverpool. 1854C. 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. 1882Daily News 27 July, The settlement was commenced on the Stock Exchange yesterday, and contangoes proved light. 1885St. James's Gaz. 25 Mar. 9/2 On Russian of 1873 stock the contango charged this morning changed to a slight backwardation. 1886Sir N. Lindley in Law Times LXXX. 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. 1887Encycl. Brit. XXII. 557 The continuation or contango day, when all transactions of a merely speculative description are continued for another fortnight. 1898Westm. Gaz. 20 Oct. 8/1 Monday, October 31, will be contango day in Watney-Combe securities. 1970Times 14 July 28 Dealings began, July 13. Dealings end, July 24. Contango day, July 27. Settlement day, August 4.
▪ II. conˈtango, v.
[f. the n.]
trans. 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.
1900Westm. 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. 1922Weekly Westm. Gaz. 20 May 31/1 Probably at first many of the opponents of the measure may refuse to Contangoe at all. 1928Morning 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. |