Taking delivery


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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.
References in periodicals archive ?
We are very pleased to be taking delivery of the Airbus A320, an aircraft which will offer high standards of comfort to our customers," Wolf commented.
It is scheduled to begin taking delivery this month.
July 7 /PRNewswire/ -- LTU International Airways, Germany's leading holiday carrier, today is taking delivery of its second MD-11 airliner.
Jade Cargo International will begin operations at the beginning of August, immediately after taking delivery of its first 747-400ERF.
It currently operates 43 737s and will begin taking delivery of its 737NGs this year.
Anthony is in the process of taking delivery of the stock in certificate format.
In taking delivery of their first commercial ready ALARM radiation unit; the company has made a definitive step forward in its efforts to fulfill its contractual obligation of delivery, on an initial $225 million dollar sales agreement for 15,000 units, of its ALARM device, to China Global Distribution Corp.