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Approved Delivery Facility

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Dictionary Says

Definition of 'Approved Delivery Facility'

An exchange authorized facility used as a location for the delivery of commodities tendered upon future contracts.
Investopedia Says

Investopedia explains 'Approved Delivery Facility'

These are generally banks, storehouses, grain elevators, livestock exchanges, or other depositories where the actuals can be transferred between the different parties in a futures contract.

Also referred to as delivery points.

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