fail to deliver

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 deliver

Used to refer to the nondelivery of securities from a selling broker to a buying broker by the settlement date.
References in classic literature ?
I will not fail to deliver your message," she replied, and bowed them out.
The Supreme Court is constitutionally bound to pay attention to the Rao Anwars of Lahore the same way that it is doing in other provinces," he said, adding that the judiciary has to play its part when the administrative authorities fail to deliver.
According to the agency, not only did the firm fail to deliver prospectuses, it then delayed notifying the affected correspondent firms about its failure to provide prospectuses until more than a year later.
PARCEL firms should generously compensate disappointed customers if they fail to deliver in time for Christmas.
Summary: Olympic contractors who fail to deliver their obligations should be hunted down and forced to pay back money, David Cameron has said.
A fail to deliver condition exists when an agent selling a security cannot transfer title to the shares within the three-day delivery period.
In short, they fail to deliver "meaning, comprehension, and management.
Between 85% and 90% of projects fail to deliver on time, on budget and to the quality of performance expected, according to research by HCi.
This seems like a swiftly composed book, starting well, but the architects often fail to deliver a substantial denouement.
is voluntarily recalling two older model implantable cardioverter defibrillators because of concerns that the devices may delay delivery of or fail to deliver shock therapy to patients with cardiac arrhythmia, potentially resulting in death.
February) is certainly enraging, his alternative--putting airlines and airports in the business of providing security and punishing them with crippling lawsuits if they fail to deliver it--seems unworkable and unfair.
Most decaying enterprises are brought down by their own managers, yoked to wishful thinking and dumb tactics that fail to deliver growth.