Broker Obligations

Good Delivery
Good delivery is a term used in the securities industry to signify that a certificate has the necessary endorsements and fulfills all specified requirements (including signature guarantees, proper denomination, and other qualifications) so that the title can be transferred by delivery to the buying broker, who is then obligated to accept it.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.