Cash on delivery (COD)

Definition:

In the context of securities, this refers to the practice of institutional investors paying the full purchase price for securities in cash.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Ratio Strategy

A strategy in which one has an unequal number of long secruities and short sercurities. Normally, it implies a preponderance of short options over either long options or long stock.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!


Create your free portfolio