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Glossary   >   O   >   "Option not to deliver" Definition            Option not to deliver In the mortgage pipeline, an additional hedge placed in tandem with the forward or substitute sale. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Option not to deliver - In the mortgage pipeline, an additional hedge placed in tandem with the forward or substitute sale.