In financial terms, delivery refers to the actual transfer of a security or commodity from a seller to a buyer. The delivery process is important in futures and options trading, where contracts require physical delivery of the underlying asset upon expiration. In such cases, delivery is made by the seller transferring ownership of the underlying asset to the buyer at an agreed-upon price. In other cases, particularly in stock trading, delivery refers to the transfer of shares from the seller’s account to the buyer’s account.