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Fail to Deliver
(redirected from Failed 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.


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A POSTMAN who failed to deliver 6,000 items of mail has been spared jail.
Dimbleby said the popularity of programmes delving into the nation's past suggests people are hungry to know more because the school curriculum has failed to deliver on history.
Aces boss Chris Morton used both Charlie Gjedde and Krzysztof Kasprzak for double points in a bid to keep his side in the match but Wolves were too strong and both moves failed to deliver the goods.
 
 
 
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