contango day
Appearance
English
[edit]Etymology
[edit]Noun
[edit]contango day (plural contango days)
- (obsolete, London Stock Exchange) The second day before payment of a contango debt is due.[1]
- 1968, P. G. Wodehouse, 'Do Butlers Burgle Banks?', Everyman, London: 2005, p 156.
- 'Let's see, when is next contango day?' asked Ferdie.
- 1968, P. G. Wodehouse, 'Do Butlers Burgle Banks?', Everyman, London: 2005, p 156.
References
[edit]- ^ Mitchell, James (1908) Significant Etymology (or Roots, Stems, and Branches of the English Language)[1], William Blackwood and Sons, page 302: “...contango day, the second day before settling day.”