Free delivery - Used in the context of general equities. Securities industry procedure whereby delivery of securities sold is made to the buying customers bank without the requirement of immediate payment, thus a credit agreement of sorts. Antithesis of delivery vs. Payment.
Free delivery : used in the context of general equities. securities industry procedure whereby delivery of securities sold is made to the buying customers bank without the requirement of immediate payment, thus a credit agreement of sorts. antithesis of delivery vs. payment.