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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 all C1 English words →

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

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