Cheapest-to-deliver

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Cheapest-to-deliver
/ˈʧiːpɪst/ /tuː/ /dɪˈlɪvə/ (adj.)

Of the range of valid alternatives available to you when performing a contract, the one that will cost you the least and irritate your counterparty the most should you choose it.

Any organisation whose contractual obligations can be fully understood in monetary terms is bound to do the utter bare minimum to discharge them.

It should not surprise anyone that the holder of a financial option will exercise it. This did surprise purchasers of managed CDOs

Any organisation to whom one outsources one’s operational framework for the long term will measure its success by how closely it can tack, on average, to the bare minimum whilst not too regularly over-stepping it.