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Delivery vs. Receipt

Delivery vs. Receipt - The deliverance of securities in the exchange for an authorized signed receipt for the securities. There are two methods used for the delivery of securities. The authorized signed receipt is the first and the one used most often. The second method is the delivery vs. receipt, which is the delivery made and the buyer signing a declaration of receipt. In the case of securities, this is for the receipt taken of the securities and the receipt is the acknowledgement. In future deliveries the securities received noted at the time of delivery. It is the legal transfer of receipt and ownership.

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Actually it is something that we call acknowledgement of goods certificate for the receipt. Well it may vary. If we are delivering the goods then this is what it means. But when we are paying then it will take the meaning of acknowledgement of money.

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Definition of the Day Australian Securities Exchange

Australian Securities Exchange - The Australian Securities Exchange is the largest stock exchange in all of Australia, and is also known as the ASE, which opened for operation in 1987. Although its operations and functions have change with the times, it was transformed in 2006 after becoming the product in...

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