Cannabusiness Group Inc. (CBGI)

[Bretwalda]

"Definition of 'Failure To Deliver'" re GFMD
"An outcome in a transaction where one of the counterparties in the transaction fails to meet their respective obligations. When failure to deliver occurs, either the party with the long position does not have enough money to pay for the transaction, or the party in the short position does not own the underlying assets that are to be delivered. Failure to deliver can occur in both equity and derivatives markets."

Read more: http://www.investopedia.com/terms/f/failuretodeliver.asp#ixzz26DXDFVKW