TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FAIL DELIVER [1 record]

Record 1 2000-11-21

English

Subject field(s)
  • Stock Exchange
  • Investment
DEF

Where a client of a broker has agreed to sell securities, fails to deliver the appropriate certificate/s, the broker in his turn, cannot deliver to the broker/dealer. Consequently the seller will not be paid until delivery has been made. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

Key term(s)
  • failure to deliver

French

Domaine(s)
  • Bourse
  • Investissements et placements
DEF

Le fait de ne pas livrer un titre à la date de règlement.

Spanish

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