delivery point

Definition of "delivery point"
  1. A place specified by a futures exchange where a commodity in a futures contract might be provided or fulfilled
How to use "delivery point" in a sentence
  1. The warehouse served as the delivery point for the futures contract.
  2. According to the contract, the oil refinery will be the delivery point.
  3. The delivery point will be the grain company's storage yard, as specified in the commodity exchange agreement.

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