Taking delivery


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Taking delivery

When the buyer actually assumes possession from a seller of assets agreed upon in a forward contract or a futures contract.

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.
References in periodicals archive ?
Nissan Motor Company (Nissan) (NASDAQ: NSANY) (TYO: 7201), a Japan-based automaker, has started taking delivery of its Leaf Electric Vehicle.
The MTA will begin taking delivery on a $155 million order for 52 light-rail cars, of which 29 were purchased for the Blue Line extension to Pasadena.
The sustained growth is driving the global industry and in taking delivery of more than 50 aircraft this year China Southern Airlines' growth is outstripping everyone," said Mr.
Boeing has a long and treasured history with United Airlines, and we're proud they're taking delivery of this milestone airplane.
Oman Air will fly to 40 destinations by the end of 2009 after taking delivery of nine new Boeing and Airbus aircraft, its CEO said on Tuesday.
It is taking delivery this month of its fourth 777-200.
Demand is such that these aircraft were sold out prior to NetJets taking delivery.