Definition of delivery notice

in financial futures, a written notice given by a seller to a clearinghouse stating the date when a commodity or financial instrument will be delivered. The futures clearing house assigns the contract to the longest-standing buyer on record. Also called notice of intention to deliver.

1. notification from the seller to the buyer of a futures contract indicating the date when the actual commodity is to be delivered.
2. in general business transactions, a formal notice documenting that goods have been delivered or will be delivered on a certain date.