Dictionary of Business Terms: fail to receive
fail to receive
situation where the broker-dealer on the buy side of a contract has not received delivery of securities from the brokerdealer on the sell side. As long as a fail to receive exists, the buyer will not make payment for the securities.
Dictionary of Finance and Investment Terms: fail to receive
fail to receive
situation where the broker-dealer on the buy side of a contract has not received delivery of securities from the brokerdealer on the sell side. As long as a fail to receive exists, the buyer will not make payment for the securities.
