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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

retender  

Definition 1.

The right of a holder of certain futures contracts, who has received a notice of intention to deliver from the clearinghouse, to offer the notice for sale on the open market, thus offsetting his obligation to take delivery under the contract.
 

Definition 2.

The act of an investor selling the delivery note issued by a clearing house upon tender by the counter-party of the futures contract.
 
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