Delivery Date

DEFINITION of 'Delivery Date'

1. The final date by which the underlying commodity for a futures contract must be delivered in order for the terms of the contract to be fulfilled.

2. The maturity date of a currency forward contract.

BREAKING DOWN 'Delivery Date'

All futures and forward contracts have a delivery date upon which the underlying must be transferred to the contract holder if he or she holds the contract until maturity instead of offsetting it.