Contango

A condition in which distant Delivery prices for Futures exceed Spot prices, often due to the costs of storing and insuring the underlying commodity. opposite of Backwardation.

Related Terms: 9 Backwardation, Delivery price, Delivery, Futures, PPO, Pot, Ring, Spot, Spot price

Other Related Pages: Category: Futures Starting With: C

Additional Related Terms: 10-K, Accelerated Cost Recovery System, Acquisition cost, Allowance for depreciation, Accrual of discount, Amortization of premium, Asked price, Asking price, At par, All or any part