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TeachMeFinance.com - explain Delivery Delivery The term 'Delivery ' as it applies to the area of agriculture can be defined as ' In settlement of a futures contract, the tender and receipt of the actual commodity, the cash value of the commodity, or of a delivery instrument covering the commodity (e.g., warehouse receipts or shipping certificates). Futures contracts may be settled by delivery, but more often they are settled by offset or cash. Each futures exchange has specific procedures for delivery of a commodity'. Previous 5 Terms: Delivered (gas) Delivered cost Delivered energy Deliveries (electric) Delivery Next 5 Terms: Delivery month Delivery point delphine delphinine Delta About the author Mark McCracken 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". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.