bad delivery

Bad delivery

Antithesis of good delivery.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Bad Delivery

Describing a stock that cannot be transferred, especially because of improperly filed paperwork or another fairly innocuous reason. In other words, the delivery of such a stock is only stopped by legal and/or regulatory rules. See also: Good delivery, Dirty stock.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

bad delivery

The delivery of a security that fails to meet all the standards required to transfer title to the buyer. Compare good delivery.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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