Scrabble Dictionary

Use our scrabble dictionary lookup to check if your word can be played in scrabble.

Yes, contango is playable

...and is worth 15 points.

Found in the following dictionaries

SOWPODS (Collins Scrabble Words)
OTCWL2014 (NASPA Word List 2014)
TWL06 (NASPA List 2006)

"Contango" Definition

noun

The situation in a futures market where prices for future delivery are higher than prices for immediate (or nearer) delivery.
Source: Wiktionary
The amount by which prices for future delivery are higher than prices for near delivery.
Source: Wiktionary
Fee paid by a buyer to the seller on settlement day when the buyer wishes to defer settlement until the next settlement day.
Source: Wiktionary
The premium or interest paid by the buyer to the seller, to be allowed to defer paying for the stock purchased until the next fortnightly settlement day.
The postponement of payment by the buyer of stock on the payment of a premium to the seller. see backwardation.

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