con·tan·go 
(kən-tănggō)
(kən-tănggō)n.
A state in which the price of a futures contract is higher than the eventual or expected spot price of the underlying commodity or security.
[Probably alteration of 19th-century stock-exchange jargon continuation, the carrying over of an account until the next designated date of settlement.]
- pre-Christian
- precinct
- preciosity
- precious
- preciously
- precious metal
- preciousness
- precious stone
- precipice
- precipitable
- precipitance
- precipitancy
- precipitant
- precipitantly
- precipitate
- precipitately
- precipitateness
- precipitation
- precipitative
- precipitator
- precipitin
- precipitinogen
- precipitous
- precipitously
- precipitousness