What is the meaning of NOMINATION?

1) The process whereby the holder of a long Exchange petroleum product futures position who has elected to stand for delivery tells the seller (the short) where the product is to be delivered and the method of transport. 2) A shipper's offer to move gas on a pipeline during a given period. Most' NOMINATION's are made on a daily basis, although mid-day hourly nominations are possible on some systems. 3) A request for a physical quantity of gas under a specific purchase, sales or transportation agreement or for all contracts at a specific point.

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APABarry Goldsmith. (2010). nomination. Retrieved September 21, 2026, from http://smartdefine.org/nomination/definitions/1159162
ChicagoBarry Goldsmith. 2010. "nomination" http://smartdefine.org/nomination/definitions/1159162 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, nomination, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/nomination/definitions/1159162>.
MLABarry Goldsmith. "nomination" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/nomination/definitions/1159162>
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