Definition of "retender"
  1. When a holder of a futures contract who has received a delivery notice sells the contract and returns the notice to be reissued to another person in certain transactions allowed by exchanges
How to use "retender" in a sentence
  1. After making a successful trade, he decided to retender the notice.
  2. Due to an unexpected change in market conditions, the trader opted to retender the notice.
  3. The exchange's regulations made it possible for him to retender his futures contract.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z