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TeachMeFinance.com - explain
Delivery day
historic definition...
Delivery day -- In dealings in grain, cotton and coffee the
first business day of the month is known as delivery day. As,
however, all sales are at seller's option the seller may, on due
notice to the buyer, make delivery on any day of the month in
which the contract matures.
About the author
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Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".
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Copyright © 2007 by Mark McCracken, All Rights Reserved.
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substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any
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