Taking delivery
Refers to the buyer's actually assuming possession from the seller of the asset agreed upon in a forward contract or a futures contract. |
Similar financial terms
Taking a viewA London expression for forming an opinion as to where market prices are headed and acting on it.
Completion undertaking
An undertaking either (a) to complete a project such that it meets certain specified performance criteria on or before a certain specified date or (b) to repay project debt if the completion test cannot be met.
Overnight delivery risk
A 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 where delivery takes place in Europe for payment in dollars in New York.
Making delivery
Refers to the seller's actually turning over to the buyer the asset agreed upon in a forward contract.
Cash delivery
The provision of some futures contracts that requires not delivery of underlying assets but settlement according to the cash value of the asset.
