fail to receive

Fail to Deliver

A situation in which a buyer, or, more commonly, his/her broker does not receive delivery of the securities he/she bought by the settlement date. A fail to deliver occurs because of the negligence or deliberate withholding on the part of the seller. If a buyer does not receive the securities, he/she is not obligated to make payment until delivery is made. See also: Aged fail.

fail to receive

Used to refer to the failure of a buying broker to receive delivery of securities by the settlement date. As a result, the buying broker does not have to make payment until the securities have been delivered.
References in classic literature ?
My daughter courts distinction from no one; and in her own character, and in her own sphere, will never fail to receive the full proportion of that which is her due.
Inflammation of the lining of the brain or spinal cord due to bacterial infection demands immediate use of antibiotics, yet many patients fail to receive this lifesaving therapy as promptly as they should.
Although convenient from an administrative viewpoint, such contracts do "not promote or ensure the use of high-quality science" and may fail to receive adequate quality assurance or peer review, the expert panel said.
Tokofsky contends that besides losing out on millions of dollars a year, the district's inefficiency means students fail to receive a valuable lesson.
Incumbent directors who fail to receive a majority of votes -- and who would otherwise remain in office until a successor is elected under Delaware law -- would be required to offer a letter of resignation for consideration by the Board which shall be required to act promptly.
Should a Director fail to receive a majority, he or she must tender their resignation, which will be acted upon by the Board within 90 days of the election.
Otherwise, the child who will be able to speak English and who is being educated in English will be isolated at home and fail to receive that all-important family support and reinforcement every child needs to succeed.
The Company will retain its existing director resignation policy, under which incumbent directors who fail to receive a majority vote in favor of their re-election must submit a resignation for consideration by the Board.
Should Hydro's four-dam development proposal fail to receive environmental approval, the province will compensate the utility for the cost of power to the mill.
The law firm's ongoing study reveals that over 16 percent of the companies in the S&P 500 have taken one of two forms of action, often in the face of concerted stockholder activism: (1) adopting a binding bylaw which requires that corporate director nominees receive the support of a majority of votes cast, rather than a mere plurality, in order to be elected or (2) adopting a non-binding majority vote policy which requires that directors elected by a traditional plurality must offer to resign if they fail to receive the support of a majority of votes cast.
If a market for these accessories does not develop or if we fail to receive meaningful orders for them, our sales will not be positively impacted or may further decline and our business and operating results could be harmed.
All too often, victims of investment fraud fail to receive the full tax benefits permitted by the IRS, according to JK Harris 165 Services, LLC, a subsidiary of JK Harris & Company that specializes in assisting investment fraud victims.