Delivery

英文名称:Delivery 中文名称:交割交货

合约牵涉的商品证券现金交割文件送交给合约持有人,并由合约持有人收妥,从而实现商品证券现金的转移。

The action by which an underlying commodity, security, cash value, or delivery instrument covering a contract is tendered and received by the contract holder.

Delivery can occur in option, forward, or futures contracts. In most instances, the delivery of the actual underlying is rare--contracts are typically closed before settlement.