The part of a sales contract that indicates the point at which title and risk of loss of merchandise pass from the
seller to the buyer. See: Incoterms.
Cash delivery The provision of some futures contracts that requires not delivery of underlying assets but settlement according to the cash value of the asset.
Cash on delivery (COD)
Cash on delivery (COD) In the context of securities, this refers to the practice of institutional investors paying the full purchase price for securities in cash.