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retenderDefinition The right of a holder of certain futures contracts, who has received a notice of intention to deliver from the clearinghouse, to offer the notice for sale on the open market, thus offsettin [..]
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retenderAn act that an assigned long may perform to avoid obligation to receive delivery of live cattle. To avoid obligation, the assigned long must establish a short position on the business day following assignment and pay a retender fee.
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retenderIn specific circumstances, some contract markets permit holders of futures contracts who have received a delivery notice through the clearing house to sell a futures contract and return the notice to [..]
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retenderThe right of a futures contract holder, who has received a notice of intention to deliver from the clearinghouse, to offer the notice for sale on the open market, thus offsetting his obligation to tak [..]
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retender
To submit a second or subsequent tender
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