Delivery day

Delivery day

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 cheque for the amount due at the office of the seller's clearing firm.

This is auto-generated content. You can help to improve it.

0 0

Improve it

Add an image

Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Financial services
Category: Commodity exchange
Company:
Product:
Acronym-Abbreviation:

Collect to Blossary

Other Languages:

Related terms

delivery day

Financial services; Commodity exchange

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 ...

day

Earth science; Remote sensing

The period of time that it takes for a planet to spin around once, completing one rotation on its axis.

day

Chronometry; Calendar

A measurement of time defined as 24 hours, though sometimes, the word "day" can also be used to refer to half a day (i.e. daytime) instead of the full 24 hours.

day

Weather; Meteorology

1. A basic time increment defined by the earth's motion; specifically, a complete revolution of the earth about its own axis. The sidereal day is defined as the time required for ...

day

Science; General science

A unit of time equal to the period of rotation of Earth. Different sorts of day are distinguished, according to how the period of rotation is reckoned with respect to one or ...

day

Weather; General weather

Considered a basic unit of time as defined by the earth's motion. It represents the time needed for one complete revolution of the earth about its own axis. Also know as a ...

margin

Financial services; Commodity exchange

Financial safeguards to ensure that clearing members (usually companies or corporations) perform on their customers' open futures and options contracts. Clearing margins are ...

back pricing

Financial services; Commodity exchange

Fixing the price of a commodity for which the commitment to purchase has been made in advance. The buyer can fix the price relative to any monthly or periodic delivery using the ...

cost of carry

Financial services; Commodity exchange

For physical commodities such as grains and metals, the cost of storage space, insurance, and finance charges incurred by holding a physical commodity. In interest rate futures ...

carry

Financial services; Commodity exchange

For physical commodities such as grains and metals, the cost of storage space, insurance, and finance charges incurred by holding a physical commodity. In interest rate futures ...

carrying charge

Financial services; Commodity exchange

For physical commodities such as grains and metals, the cost of storage space, insurance, and finance charges incurred by holding a physical commodity. In interest rate futures ...