Home > Terms > English, UK (UE) > good delivery

good delivery

Stipulation in purchase and sale contracts that the precious metals, securities or merchandise delivered must meet the general delivery conditions of the market. The most widely accepted standard for gold and silver bars from companies and official bodies is the good delivery list maintained by the London Bullion Market Association (LBMA). Bars must bear the stamp of an approved melter or assayer.

0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Holiday Category: National holidays

Thanksgiving

Annual holiday celebrated on the second Monday of October in Canada and on the fourth Thursday of November in the United States. Thanksgiving is ...

Featured blossaries

Investment Analysis

Category: Business   2 9 Terms

Retirement

Category: Other   1 21 Terms

Browers Terms By Category