delivery option
- A feature of a futures contract that gives the seller the choice to decide when, where, how much, or what quality to deliver
- The delivery option included in the futures contract gave the farmer the flexibility he needed regarding the sale of his crop.
- The manufacturer took advantage of the delivery option listed in the contract to adjust the product quantity.
- The delivery option in our contract will allow us to adjust the quality of raw materials delivered to the production plant.
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