TeachMeFinance.com - explain Ticket
Ticket -- In transactions on an exchange brokers use deliver
and receive tickets. A deliver ticket and a receive ticket
are sent by the seller to the buyer. The buyer keeps the receive
ticket and stamping or writing an acknowledgment on
the deliver ticket returns it. The operation is called comparison
and it is confirmatory of the transaction between the two
In trade the term ticket means brand, that is, a brand of
goods or a particular product.
For the meaning of the term ticket on the London Stock
Exchange see Name day.
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