fail to receive

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 receive

Used to refer to the failure of a buying broker to receive delivery of securities by the settlement date. As a result, the buying broker does not have to make payment until the securities have been delivered.
References in classic literature ?
The poor gentleman has no way of showing that he is a gentleman but by virtue, by being affable, well-bred, courteous, gentle-mannered, and kindly, not haughty, arrogant, or censorious, but above all by being charitable; for by two maravedis given with a cheerful heart to the poor, he will show himself as generous as he who distributes alms with bell-ringing, and no one that perceives him to be endowed with the virtues I have named, even though he know him not, will fail to recognise and set him down as one of good blood; and it would be strange were it not so; praise has ever been the reward of virtue, and those who are virtuous cannot fail to receive commendation.
My daughter courts distinction from no one; and in her own character, and in her own sphere, will never fail to receive the full proportion of that which is her due.''
The students should immediately contact the BISE Inter Branch, if they fail to receive roll number slips by May 20, he added.
'It would amount to mistreatment if residents of any county fail to receive government services because their county is denied funds,' Atandi said.
As HIV patients fail to receive treatment like others for minor ailments, access to treatment for a disease as dangerous as HIV might be even less possible and difficult owing to the prejudice and social stigma attached to the disease.
Already many ordinary households fail to receive their mail until mid-afternoon - something which was unthinkable just a few short years ago.
-- Oscar-winning actress Rita Moreno says she has a ready answer for those who ask why more Latinos fail to receive Hollywood honors.
If independent deputies fail to receive their certificates, they cannot attend general assembly works," Sahin added.
The company further said that this refers to the election of directors in uncontested elections and their resignation policy addressing the "holdover" status of incumbent directors who fail to receive the required majority vote.
Mr Vaughan added: "If WAG detects an error, the first a farmer may know about it is when they fail to receive their Single Payment in December.
Not only did I fail to receive an acknowledgement of my application but when, four weeks later I wrote to both College Principal and HR Director politely expressing my disappointment about this, I still have not had the courtesy of a reply to those letters either.
Why do so many patients fail to receive a full and truthful explanation of what went wrong and hear their caregiver accept responsibility and apologize?