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Meaning of first notice day | Babel Free

Noun CEFR C1

Definitions

The first day on which an investor who holds a futures contract is notified that the commodity specified in the contract is about to be delivered.

Examples

“First notice days tend to occur near the first business day of the calendar month of the expiring futures delivery contract and continue for the proscribed period of time.”

“First notice days differ depending on the commodity.”

CEFR level

C1

Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

first of all first of never first officer first olive out of the bottle first olive out of the jar first order of the day