Fail

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Fail

A deal is said to fail if on the settlement date either the seller does not deliver securities in proper form or the buyer does not to deliver funds in proper form.

Fail

1. See: Business failure.

2. See: Fail to deliver.

fail

Of or relating to a trade in which the seller does not deliver securities or the buyer does not deliver funds in the prescribed manner at the prescribed time, usually on the settlement date. Compare clear.

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.

References in classic literature ?

The rest and relief of her four days' absence from Aldborough had not failed to produce their results; she had more than recovered her composure.

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The rifle had fallen across his knees, and an attempt to lift it to his shoulder failed. He knew he must be quick, and felt that he was fainting, so he pulled the trigger of the gun where it lay.

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The courage to put the critical question to him, now that she had lured him into remaining in the room, was still a courage that failed her.

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Mr Keith David Fearn trading as The Monaco Hotel, Merton BS23, failed to pay [pounds sterling]607.76 to 1 worker.

Nelson Recruitment Services Ltd, Birmingham B44, failed to pay [pounds sterling]601.77 to 64 workers.

Coventry and Warwickshire firms among 260 named and shamed for not paying minimum wage; Employers in the city and surrounding region have been ordered to make thousands of pounds in repayments

It is true to mention that everyone has failed in his life.

If someone follows the words of the thinkers he or she gets failed hundred times but he/she will not be disappointed.

Is failure the end?

Up to a quarter of the people taking the British citizenship test in parts of Surrey failed last year.

People failed on 36 occasions, or 24 per cent of the time - the highest percentage seen locally.

A quarter of participants in Surrey failed British Citizenship test in 2017, could you pass? Among Surrey boroughs and districts Waverley scored the highest while Surrey Heath had the lowest success rate; Among Surrey boroughs and districts Waverley scored the highest while Surrey Heath had the lowest success rate

Wagamama Limited, Westminster W1F, failed to pay [pounds sterling]133,212.42 to 2,630 workers.

Marriott Hotels Limited, Luton LU1, failed to pay [pounds sterling]71,722.93 to 279 workers.

Birmingham City FC among 179 employers named and shamed for underpaying minimum wage workers; The Government also fined the employers a total of [pounds sterling]1.3 million in penalties for breaking national minimum wage laws