fail to deliver

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Fail to Deliver

A situation in which a buyer, or, more commonly, his/her broker does not receive delivery of the securities he/she bought by the settlement date. A fail to deliver occurs because of the negligence or deliberate withholding on the part of the seller. If a buyer does not receive the securities, he/she is not obligated to make payment until delivery is made. See also: Aged fail.

fail to deliver

Used to refer to the nondelivery of securities from a selling broker to a buying broker by the settlement date.
References in periodicals archive ?
TIMERGARA -- The federal minister and former chief minister Khyber Pakhtunkhwa Akram Khan Durrani on Saturday said the Pakistan Tehrek Insaf government had failed to deliver.
The owner of the agency is accused of collecting money from 15 customers in advance for vacation packages which he failed to deliver.
Martino, who oversaw 40 wins in his 59 games in charge of the 2012-13 champions, failed to deliver domestic or European success with Barcelona exiting the Champions League at the quarter-final stage, when they lost to Atletico Madrid and also losing to Real Madrid in the final of the Copa del Rey.
A probable winner of Miss Universe 2013, Miss France Hinarani De Longeaux failed to deliver in the initial swimsuit round.
ISLAMABAD -- Awami National Party (ANP) Senator Zahid Khan alleged that Pakistan Tehreek-i-Insaaf (PTI) government in Khyber Pakhtunkhwa had failed to deliver.
There are, in addition, huge inefficiencies from the complex, fragmented system that has failed to deliver improvements in service, failed to lever in significant private sector investment in infrastructure and clearly failed to deliver value for money for passengers.
This contract promised to save this city over PS100 million but has failed to deliver anywhere near that sum of money.
TAXPAYERS will have to stump up an extra pounds 350mil -lion to the European Union next year, after David Cameron failed to deliver his pledge to keep costs down.
It was, though, no more than the Blues deserved following a battling display as Arsenal, without injured captain Cesc Fabregas and England winger Theo Walcott, once more failed to deliver when it mattered most.
LANGUAGE campaigners warned the government would be "breaking a promise" if a new language law failed to deliver rights for individuals to access services in Welsh.
A POSTMAN who failed to deliver thousands of pieces of junk mail has been fined nearly pounds 600 and given a conditional discharge.
The firm had failed to deliver prisoner Lee Hunter to the court on Wednesday.