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Buy-In

 

When an investor is forced to repurchase shares because the seller did not deliver the securities in a timely fashion, or did not deliver them at all.

 

Those who fail to deliver the securities will be notified with a buy-in notice. Failure to answer the buy-in notice means the broker can buy the securities and deliver them on your behalf. You must then pay back the broker at whatever price.

 

Wines and Spirits

Wines, Red Wine, White Wine

 

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