noun
Meaning 1
The second day before payment of a contango debt is due.
Definition source: English Wiktionary via Wiktextract
Usage: obsolete
Qualifier: London Stock Exchange
Examples
- 1968, P. G. Wodehouse, 'Do Butlers Burgle Banks?', Everyman, London: 2005, p 156. 'Let's see, when is next contango day?' asked Ferdie.
Meaning relationships
Synonyms: none provided
Antonyms: none provided