Good Delivery
The status of a security traded on an exchange when it meets a set of requirements for being in proper form for transfer of title to the buyer.
Investopedia Commentary
This term, when applied to a security, represents the security certificate's readiness to be transferred to the purchaser "on good delivery". If this readiness is not achieved, the transaction cannot be settled. For example, if a certificate has a share transfer restriction on it, the certificate would not be deemed good delivery.
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See also: Certificate, Delivery, Exchange, Settlement Date, Settlement Price, Stock Certificate
good delivery