Mandatory Delivery Commitment
Definition - What does Mandatory Delivery Commitment mean?
A mandatory delivery commitment is a legal agreement between a borrower and a lender that a lender will deliver loans or securities by a specific date.
Justipedia explains Mandatory Delivery Commitment
Mandatory delivery commitments can be relied on to gain new funding on something when it is known that securities will be released at a specific time to replace the loan or add to the collaterol.