Delivery Day
Definition
The third day in the delivery process at the Chicago Board of Trade, when the buyer's clearing firm presents the delivery notice with a certified check for the amount due at the office of the seller's clearing firm.
Related Terms Other terms related to 'Delivery Day' starting with the letter 'D' Daily Trading Limit, Delivery Points, Discount Rate, Deliverable Grades, Differentials Browse by Letter » A B C D E F G H I L M N O P R S T U V W Y
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