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Origin and history of contango

contango(n.)

1853, "charge made or percentage received by a broker or seller for deferring settlement of a stock sale," a stockbroker's invention, perhaps somehow derived from continue, or from Spanish contengo "I contain, refrain, restrain, check." Continuation was used in this sense from 1813. As a verb, from 1900.

Entries linking to contango

mid-14c., contynuen, "maintain, sustain, preserve;" late 14c., "go forward or onward; persevere in," from Old French continuer (13c.) and directly from Latin continuare "join together in uninterrupted succession, make or be continuous, do successively one after another," from continuus "joining, connecting with something; following one after another," from continere (intransitive) "to be uninterrupted," literally "to hang together" (see contain). Related: Continued; continuing.

Sense of "to carry on from the point of suspension" is from early 15c. Meaning "to remain in a state, place, or office" is from early 15c. Transitive sense of "to extend from one point to another" is from 1660s. Meaning "to postpone a hearing or trial" is from mid-15c.

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