What is the meaning of Fail?

Fail is a deal is said to fail if on the settlement date either the seller does not deliver securities in proper form or the buyer does not to deliver funds in proper form.

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APABarry Goldsmith. (2010). fail. Retrieved September 20, 2026, from http://smartdefine.org/fail/definitions/1153584
ChicagoBarry Goldsmith. 2010. "fail" http://smartdefine.org/fail/definitions/1153584 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, fail, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/fail/definitions/1153584>.
MLABarry Goldsmith. "fail" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/fail/definitions/1153584>
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