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Contango in Scrabble and Meaning

Lookup Word Points and Definitions

What does contango mean? Is contango a Scrabble word?

How many points in Scrabble is contango worth? contango how many points in Words With Friends? What does contango mean? Get all these answers on this page.

Scrabble® and Words with Friends® points for contango

See how to calculate how many points for contango.

Is contango a Scrabble word?

Yes. The word contango is a Scrabble US word. The word contango is worth 11 points in Scrabble:

C3O1N1T1A1N1G2O1

Is contango a Scrabble UK word?

Yes. The word contango is a Scrabble UK word and has 11 points:

C3O1N1T1A1N1G2O1

Is contango a Words With Friends word?

The word contango is NOT a Words With Friends word.

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Valid words made from Contango

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Results

8-letter words (1 found)

CONTANGO,

7-letter words (1 found)

OCTAGON,

6-letter words (3 found)

CANNOT,CANTON,TONNAG,

5-letter words (14 found)

ACTON,ANCON,CAGOT,CANON,CANTO,COGON,CONGA,CONGO,CONTO,COTAN,GONNA,OCTAN,TANGO,TONGA,

4-letter words (30 found)

AGON,ANNO,ANON,ATOC,CANG,CANN,CANT,COAT,CONN,COON,COOT,GANT,GNAT,GOAT,GOON,NANG,NANO,NONA,NONG,NOON,NOTA,OCTA,ONTO,OONT,TACO,TANG,TOCO,TOGA,TONG,TOON,

3-letter words (36 found)

ACT,AGO,ANN,ANT,CAG,CAN,CAT,COG,CON,COO,COT,GAN,GAT,GOA,GON,GOO,GOT,NAG,NAN,NAT,NOG,NON,NOO,NOT,OAT,OCA,ONO,OON,OOT,TAG,TAN,TAO,TOC,TOG,TON,TOO,

2-letter words (10 found)

AG,AN,AT,GO,NA,NO,ON,OO,TA,TO,

You can make 95 words from contango according to the Scrabble US and Canada dictionary.

Definitions and meaning of contango

contango

Etymology

The term originated in early-19th-century England, and is believed to be a corruption of continuation, continue or contingent. In the past on the London Stock Exchange, contango was a fee paid by a buyer to a seller when the buyer wished to defer settlement of the trade they had agreed. The charge was based on the interest forgone by the seller not being paid.

Noun

contango (countable and uncountable, plural contangos or contangoes)

  1. The situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery, indicating the expectation that the price of the underlying asset will go up.
  2. The amount by which prices for future delivery are higher than prices for near delivery.
  3. (obsolete, London Stock Exchange) Fee paid by a buyer to the seller on settlement day when the buyer wishes to defer settlement until the next settlement day.

Synonyms

  • forwardation

Antonyms

  • backwardation

Related terms

  • contangoed
  • contangoing
  • contango day

Verb

contango (third-person singular simple present contangos, present participle contangoing, simple past and past participle contangoed)

  1. (obsolete, London Stock Exchange, transitive, intransitive) To charge (a buyer) a fee to defer settlement until the next settlement day.

References

Further reading

  • contango on Wikipedia.Wikipedia

Source: wiktionary.org