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Terms of Delivery |
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Terms of DeliveryThe part of a sales contract that indicates the point at which title and risk of loss of merchandise pass from the seller to the buyer. See: Incoterms.Terms of Delivery Similar MatchesExchange Delivery Settlement PriceExchange Delivery Settlement PriceThe price which determines the price for physical delivery of the underlying instrument or the price at which contracts are cash settled. Interdelivery spreadInterdelivery spreadUsed in futures or options market to refer the purchase of one month of a contract and selling another month in the same contract, in the hope that the price difference will widen or narrow, depending on the investment. Overnight delivery riskOvernight delivery riskA risk brought about because differences in time zones between settlement centers require that payment or delivery on one side of a transaction be made without knowing until the next day whether the funds have been received in an account on the other side. Particularly apparent when delivery takes place in Europe for payment in dollars in New York. Good delivery and settlement proceduresGood delivery and settlement proceduresRefers to PSA Uniform Practices such as cutoff times on delivery of securities and notification, allocation, and proper endorsement. DeliveryDeliveryIn conveyancing, the placing of the property in the actual or constructive possession of the grantee. Usually accomplished by delivery of a deed to the buyer, or by recording said deed. Further SuggestionsDirect deliveryCash delivery Taking delivery Forward delivery Individual Investor Express Delivery Service delivery notice Cash on delivery (COD) approved delivery facility delivery Bad delivery Good delivery Delivery |
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