delivery notice

Definition 1

General: Formal notice by a seller to a buyer that the ordered goods have been delivered or will be delivered on a specified date.

Definition 2

Futures trading: Formal notice by a seller (through a clearing house) of the seller's intention to make delivery of the contracted cash commodity or financial future on a particular date. Delivery notice is different from a warehouse receipt which transfers title.

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... in the Advertising, Marketing, & Sales, Commodities & Precious Metals Trading, Currency Trading, Purchasing & Procurement and Securities & Futures Trading subjects.

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