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Taking Delivery

   Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia 0.01 sec.
Taking delivery
When the buyer actually assumes possession from a seller of assets agreed upon in a forward contract or a futures contract.

Take Delivery
To receive the underlying asset from a derivative, especially a futures contract. For example, if one holds a futures contract on 1000 barrels of oil at the time it matures, one receives the oil, taking delivery. In many futures contracts and other derivatives that are settled in cash, the holder does not take delivery.


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Summary: Saudi Arabian Airlines (Saudia), Saudi Arabia's national airline, took the first step in fleet modernization by taking delivery of its first A320 aircraft from Alafco Aviation Lease and Finance Company (ALAFCO).
The victims were understood to be taking delivery of a pizza when the attackers pulled up in a vehicle and opened fire.
Mar 3, 2009 Oman Air Oman Air will fly to 40 destinations by the end of 2009 after taking delivery of nine new Boeing and Airbus aircraft, its CEO said on Tuesday.
 
 
 
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