Delivery instruments can include warehouse receipts, shipping certificates, and vault receipts. These all are more transferable than physical commodities, and provide investors with a more efficient method of settlement.
Investment dictionary. Academic. 2012.
delivery — The transfer of the cash commodity from the seller of a futures contract to the buyer of a futures contract. Each futures exchange has specific procedures for delivery of a cash commodity. Some futures contracts, such as stock index contracts,… … Financial and business terms
Delivery — The action by which an underlying commodity, security, cash value, or delivery instrument covering a contract is tendered and received by the contract holder. Delivery can occur in option, forward, or futures contracts. In most instances, the… … Investment dictionary
delivery — de·liv·ery n pl er·ies: an act that shows a transferor s intent to make a transfer of property (as a gift); esp: the transfer of possession or exclusive control of property to another actual delivery: a delivery (as by hand or shipment) of actual … Law dictionary
instrument — in·stru·ment n 1: a means or implement by which something is achieved, performed, or furthered an instrument of crime 2: a document (as a deed, will, bond, note, certificate of deposit, insurance policy, warrant, or writ) evidencing rights or… … Law dictionary
delivery — [di liv′ər ē] n. pl. deliveries [ME deliveri < OFr delivré, pp. of délivrer: see DELIVER] 1. a giving or handing over; transfer 2. a distributing, as of goods or mail 3. a giving birth; childbirth 4. any giving or sending forth … English World dictionary
delivery — The act by which the res or substance thereof is placed within the actual or constructive possession or control of another. Poor v. American Locomotive Co., C.C.A.I11., 67 F.2d 626, 630. What constitutes delivery depends largely on the intent of… … Black's law dictionary
delivery — The act by which the res or substance thereof is placed within the actual or constructive possession or control of another. Poor v. American Locomotive Co., C.C.A.I11., 67 F.2d 626, 630. What constitutes delivery depends largely on the intent of… … Black's law dictionary
Delivery — The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. The New York Times Financial Glossary * * * delivery de‧liv‧er‧y [dɪˈlɪvri] noun deliveries PLURALFORM 1. [countable, uncountable] the act … Financial and business terms
delivery of insurance policy — An insurance policy becomes effective as by the delivery of the instrument where it appears that there is an intention to part with the control of the instrument and to place it in the possession or control of the insured, or some person acting… … Ballentine's law dictionary
delivery — /dɪ lɪv(ə)ri/ noun 1. the transporting of goods to a customer ● allow 28 days for delivery ● parcels awaiting delivery ● free delivery or delivery free ● a delivery date ● Delivery is not allowed for or is not included. ● We have a pallet of… … Dictionary of banking and finance
