delivery (redirected from spontaneous delivery)
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Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
1. The transfer of a security to an investor's broker in order to satisfy an executed sell order. Delivery is required by the settlement date.
2. The transfer of a specified commodity in order to meet the requirements of a commodity contract that has been sold.
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.
The transfer of possession from one person to another.Deeds and leases require delivery before they are effective. Delivery does not depend on manual transfer, but does depend on the intent of the parties. Deeds are delivered when placed within the possession or control of the grantee in such a manner that the grantor cannot regain possession or control.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.