Guaranteed delivery

Definition:

Seller commits to a settlement date and the buyer is allowed to cancel the trade if delivery is not made. Delivery terms are negotiated trade by trade.

Investing Essentials


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

Term of the Day

Vesting

Nonforfeitable ownership (or partial ownership) by an employee of the retirement account balances or benefits contributed on the employees behalf by an employer. The Tax Reform Act of 1986... Read More

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