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Glossary > F > "Fail" Definition

Fail

A trade is said to fail if on settlement date either the seller fails to deliver securities in proper form or the buyer fails to deliver funds in proper form.

A transaction that has not been settled in a timely manner.

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Fail - A trade is said to fail if on settlement date either the seller fails to deliver securities in proper form or the buyer fails to deliver funds in proper form.

A transaction that has not been settled in a timely manner.

Fail : a trade is said to fail if on settlement date either the seller fails to deliver securities in proper form or the buyer fails to deliver funds in proper form.

a transaction that has not been settled in a timely manner.