What is the definition of Fail to deliver? | Dictionary.net

FAIL TO DELIVER

\fˈe͡ɪl tuː dɪlˈɪvə], \fˈe‍ɪl tuː dɪlˈɪvə], \f_ˈeɪ_l t_uː d_ɪ_l_ˈɪ_v_ə]\

Definitions of FAIL TO DELIVER

1910 - Black's Law Dictionary (2nd edition)

Sort: Oldest first

A situation where a selling DEALER has not delivered securities to the buying dealer, and will thus not receive payment. Fails are commonly used as a measure of operationsbased PROCESS RISK. See also FAIL TO RECEIVE, AGED FAIL.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

Word of the day

Platidiam

An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.

View More

Nearby Words