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Cheapest to Deliver
(redirected from CTD)

   Also found in: Medical, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Cheapest to Deliver
The individual units of an underlying asset that would be least expensive for the seller of a futures contract to deliver to the buyer. Some derivatives specify the quality of product that the seller must deliver. If there is no specification, the seller has the right to deliver any quality and still fulfill the requirements of the contract. In such a case, the rational seller will always deliver the CTD. This may be a product of lower quality, and the price of such a futures contract will reflect this.


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Generic firms are strongly recommended to submit their ANDAs in the electronic CTD format to facilitate the implementation of the QbR and to avoid undue delays in the approval of their applications.
Children at Green Day Nursery, in Pershore Road, Kings Norton, took part in the CTD Centre's competition to design a winning tile.
A sick person of limited intelligence was NFB (Normal For Bolton) while someone not long for this world was classed as CTD (Circling The Drain).
 
 
 
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