fail to receive

Fail to Deliver

A situation in which a buyer, or, more commonly, his/her broker does not receive delivery of the securities he/she bought by the settlement date. A fail to deliver occurs because of the negligence or deliberate withholding on the part of the seller. If a buyer does not receive the securities, he/she is not obligated to make payment until delivery is made. See also: Aged fail.

fail to receive

Used to refer to the failure of a buying broker to receive delivery of securities by the settlement date. As a result, the buying broker does not have to make payment until the securities have been delivered.

单词	fail to receive
释义	fail to receive Fail to Deliver A situation in which a buyer, or, more commonly, his/her broker does not receive delivery of the securities he/she bought by the settlement date. A fail to deliver occurs because of the negligence or deliberate withholding on the part of the seller. If a buyer does not receive the securities, he/she is not obligated to make payment until delivery is made. See also: Aged fail. fail to receive Used to refer to the failure of a buying broker to receive delivery of securities by the settlement date. As a result, the buying broker does not have to make payment until the securities have been delivered.
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