first notice day

first notice day

English

Noun

first notice day (plural first notice days)

1. (finance) This term needs a definition. Please help out and add a definition, then remove the text {{rfdef}}.

   Synonym: (initialism) FND

   • 1990, Joseph D. Koziol, Hedging (page 277)

     First notice days tend to occur near the first business day of the calendar month of the expiring futures delivery contract and continue for the proscribed period of time.

   • 2003, Kennedy Mitchell, Single Stock Futures: An Investor's Guide (page 171)

     First notice days differ depending on the commodity.