Definition of Optional delivery commitment

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TeachMeFinance.com - explain Optional delivery commitment



Optional delivery commitment

The term 'Optional delivery commitment' as it applies to the area of energy can be defined as ' A provision to allow the conditional purchase or sale of a specific quantity of material in addition to the firm quantity in the contract'.

Previous 5 Terms:
optimate
Optimum moisture content, or Optimum water content
Option premium, futures
Option value
Option writer, futures
Next 5 Terms:
Optional flex acreage
Optional Supplemental Benefits
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optology




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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".


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