Free delivery

Free delivery

Securities industry procedure whereby delivery of securities sold is made to the buying customer's bank without requiring immediate payment; thus a credit agreement of sorts. Antithesis of delivery vs. payment.

Free Delivery

An agreement between a buyer and a seller of a security in which the seller makes delivery on the security even if full payment has not been made. This obviously exposes the seller to the risk that the buyer will not pay.
References in classic literature ?
I am going into town, Lord Tennington,' he said, as seriously as possible, `to complain to the postmaster about the rural free delivery service we are suffering from here.
And would you believe it, Miss Strong," continued Tennington, "I had the very deuce of a job to convince the old fellow that there was not only no rural free delivery, but no town, and that he was not even on the same continent as Washington, nor in the same hemisphere.
As you hunt for the ideal gifts to stack under the tree, you might not qualify for Amazon's free delivery if it's under PS20.
21, 2015 /PRNewswire/ -- Vouchers UK and CheapVoucherCodes have an extensive range of money saving deals, free delivery codes and discount vouchers that are creatively designed to save money on online shopping.
In addition to this special discount, The Rental Shop also offers free delivery year-round on all its products -- another way the store sets itself apart from competitors.
Contract notice: Supply of electricity free delivery point.
Qtel is offering free delivery within Qatar for all its products and services, for a limited time only, as part of its eShop services.
Mewat (Haryana), June 1 (ANI): UPA chairperson Sonia Gandhi today unveiled a national initiative guaranteeing free delivery, free medicines and diet for pregnant women in government health institutes.
FREE DELIVERY SUPERSTORE Asda is offering free delivery on grocery orders over pounds 50 when you shop online.
com to allow students to order and pay online and either pick up their pies or opt for free delivery, which is avail able from 8:15 p.
Fashion retailer M&Co is giving 4 per cent cashback, plus free delivery when you spend pounds 40 or more until the end of this year.
com customers can place orders as late as 18 December 2008 and receive deliveries by 24 December 2008 and still take advantage of free shipping, when purchasing orders over USD25 via Fast & Free Delivery.