Approved Delivery Facility
Approved Delivery Facility
In
futures contracts, the agreed-upon location authorized by an
exchange where the
seller or his/her representative must hand over the underlying good or
commodity in order to fulfill the obligation to make
delivery. Often, an approved delivery facility is a warehouse.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Copyright © 2003-2025 Farlex, Inc
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.