(Law) The postponement of payment by the buyer of stock on the payment of a premium to the seller. See Backwardation.
The conte (sic) is a tale something more than a sketch, it may be, and something less than a short story. . . . The "Canterbury Tales" are contes, most of them, if not all, and so are some of the "Tales of a Wayside Inn."Brander Matthews.
[Webster 1913 Suppl.]
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Sun 16th December 2018