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Bad Delivery

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Bad delivery
Antithesis of good delivery.

bad delivery
The delivery of a security that fails to meet all the standards required to transfer title to the buyer. Compare good delivery.

Bad Delivery
Describing a stock that cannot be transferred, especially because of improperly filed paperwork or another fairly innocuous reason. In other words, the delivery of such a stock is only stopped by legal and/or regulatory rules. See also: Good delivery, Dirty stock.


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These may be things like castings arriving with rust, concerns about poor foundry housekeeping, bad delivery rates, poor post-delivery service, improper packaging, etc.
 
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