[{"word":"contango","phonetics":[],"meanings":[{"partOfSpeech":"noun","definitions":[{"definition":"The situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery.","synonyms":[],"antonyms":[]},{"definition":"The amount by which prices for future delivery are higher than prices for near delivery.","synonyms":[],"antonyms":[]},{"definition":"(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":[],"antonyms":[]}],"synonyms":["forwardation"],"antonyms":["backwardation"]},{"partOfSpeech":"verb","definitions":[{"definition":"(London Stock Exchange) To charge (a buyer) a fee to defer settlement until the next settlement day.","synonyms":[],"antonyms":[]}],"synonyms":[],"antonyms":[]}],"license":{"name":"CC BY-SA 3.0","url":"https://creativecommons.org/licenses/by-sa/3.0"},"sourceUrls":["https://en.wiktionary.org/wiki/contango"]}]