Cost Of Tender

The total charges associated with the delivery and certification of commodities underlying a futures contract.

The cost of tender is charged only if the futures contract holder wishes to receive the commodity rather than close the position before expiration.


Investment dictionary. . 2012.

Look at other dictionaries:

  • tender — tender1 tenderly, adv. tenderness, n. /ten deuhr/, adj., tenderer, tenderest, v. adj. 1. soft or delicate in substance; not hard or tough: a tender steak. 2. weak or delicate in constitution; not strong or hardy …   Universalium

  • tender — I ten•der [[t]ˈtɛn dər[/t]] adj. der•er, der•est, v. 1) soft or delicate in substance; not hard or tough: a tender steak[/ex] 2) weak or delicate in constitution; not strong or hardy 3) bot (of plants) unable to withstand freezing temperatures 4) …   From formal English to slang

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  • tender — / tendə/ noun an offer to do something for a specific price ● a successful tender ● an unsuccessful tender ♦ to put a project out to tender or to ask for/invite tenders for a project to ask contractors to give written estimates for a job ♦ to put …   Marketing dictionary in english

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  • Elemental cost planning — is a system of Cost planning and Cost control, typically for buildings, which enables the cost of a scheme to be monitored during design development.It should : *Ensure that the tender amount is close to the first estimate, or that any likely… …   Wikipedia

  • Legal Tender Modernization Act — The Legal Tender Modernization Act (USBill|107|HR|2528) was a bill proposed by United States Representative Jim Kolbe of Arizona in 2002. Its main goal was to stop the continual production of pennies. The bill also mentions other provisions… …   Wikipedia

  • final tender — England, Wales The final stage in a procurement run using the competitive dialogue procedure. Once a public body has identified its requirements through its dialogue with bidders, it must inform all bidders in the procurement that the dialogue is …   Law dictionary

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