take delivery

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Take Delivery

To receive the underlying asset from a derivative, especially a futures contract. For example, if one holds a futures contract on 1000 barrels of oil at the time it matures, one receives the oil, taking delivery. In many futures contracts and other derivatives that are settled in cash, the holder does not take delivery.

take delivery

1. To accept a commodity to be delivered as part of a long futures contract. For example, the buyer of a gold futures contract who will need the metal on the delivery date may plan to take delivery rather than close out the contract.
2. To accept certificates for securities that have been purchased.
References in periodicals archive ?
I thought of Paul's anecdote when seeing that Jadon Sancho has taken delivery of a pair of personalised trainers, all white, but with the initials JS7 stitched in, along with the words "WORLD CHAMPIONS '17" and the Three Lions badge (above).
DryShips Inc, or DryShips or the Company, a diversified owner of ocean going cargo vessels, announced today that it has taken delivery of the previously announced high specifications third newbuilding Very Large Gas Carrier (VLGC).
Air India has agreed with US major Boeing to buy 15 B777-300 ER aircraft and has already taken delivery of 12 planes.
American Airlines (NYSE: AAR) has taken delivery of a new B787-9 Dreamliner from the Boeing delivery center in Charleston, South Carolina, the company said.
Ardmore Shipping Corporation (NYSE: ASC), which owns and operates a fleet of mid-size product and chemical tankers ranging from 25,000 to 50,000 deadweight tonnes, has taken delivery of the first three of six MR product / chemical tankers that it agreed to acquire in June 2016.
Since easyJet took delivery of its first Airbus aircraft (an A319) in September 2003, the airline has taken delivery of an Airbus airliner every 16 days on average.
Iran's central bank has taken delivery of its gold reserves.
announced that it has recently taken delivery of three newbuilding vessels.
This milestone of having taken delivery of 50 new Boeing aircraft also represents EL AL's commitment to our customers to provide the highest quality product and services.
AGMC, authorised dealer of Rolls-Royce Motor Cars in Dubai, Sharjah and the Northern Emirates has taken delivery of the first exclusive Middle East specification Wraith in the Middle East.
I HAVE recently taken delivery of a used German car.
South African Airways takes delivery of its first Airbus A320 South African Airways (SAA) has taken delivery of its first two A320s out of a total of 20 A320 Family aircraft ordered from Airbus in 2010.