Series 99: Cash On Delivery (COD)

Taken from our Series 99 - FINRA Operations Professional Qualification Examination

Definition of the term Cash On Delivery (COD)...

a type of transaction in which the purchaser of a security makes payment at the time of delivery.

Since you're reading about Series 99: Cash On Delivery (COD), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 99
Please Enable Javascript
to view this content!