good delivery (uncountable)
- (finance, often attributive) A set of rules describing the physical characteristics of gold and silver bars used in settlement in the wholesale London bullion market.
1974, International Currency Review, volume 6, page 15:The fine gold content of a good delivery bar is calculated to 0·001 of a troy ounce by multiplying the gross weight by the assay. The members of the London gold market reserve the right to vary this formula if they consider this necessary.
2000, William Black, The Platinum Group Metals Industry, page 25:The metal must be in a form that the LPPM accepts as good delivery.
