On Track
This Issue in United States
Concept of On Track (or Track Country Station) in Futures Trading
In this context of financial law, the following are some alternative definitions of On Track (or Track Country Station): (a) A type of deferred delivery in which the price is set f.o.b. seller’s location, and the buyer agrees to pay freight costs to his destination; (b) commodities loaded in railroad cars on tracks.
Leave a Reply