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A
Transaction
in which securities are delivered before any payment is made. Free
Delivery
is essentially an
Extension
of
Credit
to the borrower of the securities, and involves the
Risk
of the buyer not paying.
Related Terms: 12
Action
,
Buy
,
Borrow
,
Credit
,
Delivery
,
ECU
,
Extension
,
Free delivery
,
Owe
,
Risk
,
SEC
,
Transaction
Other Related Pages:
Category: Trading
Starting With: F
Additional Related Terms:
10-K
,
Allowance for depreciation
,
Accrual of discount
,
Amortization of premium
,
All or any part
,
All-risks coverage
,
At risk
,
Add-on service
,
Abstract of title
,
Action to quiet title