contango day

noun

contango day

noun

Etymology contango + day

1

Obsolete The second day before payment of a contango debt is due.

London Stock Exchange

  • 1968, P. G. Wodehouse, 'Do Butlers Burgle Banks?', Everyman, London: 2005, p 156. 'Let's see, when is next contango day?' asked Ferdie.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.