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单词 alternative delivery procedure
释义

alternative delivery procedure

Definition
A clause in a futures contract which allows either party to choose a method of making or receiving delivery of the commodity which deviates from the method specified in the contract. This clause is utilized when changing the delivery system has an impact on one of the party's financial investments, though agreement to change delivery methods must be bilateral.
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更新时间:2025/3/9 10:17:51