deliver

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Deliver

The sale of a futures or forward contract may require the seller to deliver the commodity during the delivery month, if the short position is not offset prior to that time.

Delivery

The transfer of a security or an underlying asset to a buyer. The term is often used in options, forward, and futures contracts, in which payment and delivery are separated by a relatively long period of time. Most of the time, however, delivery does not occur, as most traders offset their positions with opposite contracts.

deliver

To relinquish possession of a security for transfer to another party.