Free delivery

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Free delivery

Securities industry procedure whereby delivery of securities sold is made to the buying customer's bank without requiring immediate payment; thus a credit agreement of sorts. Antithesis of delivery vs. payment.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Free Delivery

An agreement between a buyer and a seller of a security in which the seller makes delivery on the security even if full payment has not been made. This obviously exposes the seller to the risk that the buyer will not pay.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
French Culture Minister Aurelie Filippetti has criticised Amazon's practices in the past, particularly free deliveries or its policy of 'tax optimisation', however, Amazon maintains that its arrangement is legal and under the European Union's single market rules.
Under the new bill, companies like Amazon are restricted from offering combined 5 percent reductions and free deliveries.
Fuel prices in Kyrgyzstan will not be the same as in Kazakhstan after the signing of the agreement on duty free deliveries of oil products, the Association of Oil Traders said.
For now they will be the official delivery partner for McDonald's Model Town Branch whereby they will provide free deliveries for all orders in the vicinity and surrounding areas.
Customers can order their meal by going to the restaurants website and use the promotional code DELIVERY4 for free deliveries for online orders only.
"We truly offer free deliveries, which sets us apart from the majority of our competition," Vickers says.