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 ?
The poor gentleman has no way of showing that he is a gentleman but by virtue, by being affable, well-bred, courteous, gentle-mannered, and kindly, not haughty, arrogant, or censorious, but above all by being charitable; for by two maravedis given with a cheerful heart to the poor, he will show himself as generous as he who distributes alms with bell-ringing, and no one that perceives him to be endowed with the virtues I have named, even though he know him not, will fail to recognise and set him down as one of good blood; and it would be strange were it not so; praise has ever been the reward of virtue, and those who are virtuous cannot fail to receive commendation.
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.
As HIV patients fail to receive treatment like others for minor ailments, access to treatment for a disease as dangerous as HIV might be even less possible and difficult owing to the prejudice and social stigma attached to the disease.
Already many ordinary households fail to receive their mail until mid-afternoon - something which was unthinkable just a few short years ago.
Mr Vaughan added: "If WAG detects an error, the first a farmer may know about it is when they fail to receive their Single Payment in December.
Not only did I fail to receive an acknowledgement of my application but when, four weeks later I wrote to both College Principal and HR Director politely expressing my disappointment about this, I still have not had the courtesy of a reply to those letters either.
Why do so many patients fail to receive a full and truthful explanation of what went wrong and hear their caregiver accept responsibility and apologize?
Staff are scheduled to hold strike action on 30 January 2004 if they fail to receive a pay rise.
One of the clear patterns is that few people in Sweden who report a specific ADL need, fail to receive assistance for it; in the United States, a substantial portion of people with needs receive no assistance, and many people who report no long term ADL need do receive assistance," the researchers wrote.
On average, adults fail to receive about half of recommended care,'' says Dr.
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.