Time a payment spends in the postal system before delivery.
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Banking Delay
Banking Delay Time required for processing and clearing a check through the banking system.
Delayed issuance pool
Delayed issuance pool Refers to mortgage backed securities (MBS) that at the time of issuance were collateralized by seasoned loans originated prior to the MBS pool issue date.
Delayed opening
Delayed opening Postponement of the start of trading in a stock until correction of a gross imbalance in buy and sell orders. Such an imbalance is likely to follow on the heels of a significant event such as a takeover offer. See: Suspended trading.