delivery

Definitions (4)
Related Terms
1. General: Formal and voluntary transfer of possession by actual (physical) delivery, constructive delivery (by an agreement or understanding), or symbolic delivery (by documents) Also called presentation or presentment.
2. Futures trading: Transfer of a cash commodity from the seller of a futures contract to its buyer, in accordance with the rules of a particular futures exchange.
3. Real estate: Final, unconditional, and absolute transfer of the deed to the buyer (the grantee) in such manner that it cannot be recalled by the seller (the grantor). Even a properly executed deed normally does not pass title until it is delivered to the grantee.
See also livery.
4. Shipping: Transfer of a shipment's title through transfer of an original copy of the bill of lading to the consignee.

Use 'delivery' in a Sentence

I had to wait for the delivery man outside because our doorbell did not work and I did not want the dogs to bark.
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You may need to rush a delivery if you need some supplies fast because the demand on your product is high.
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You may need to rush a delivery if you need some supplies fast because the demand on your product is high.
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