Ticket

In transactions on an exchange brokers use de- _ liver and receive tickets. A deliver ticket and a receive ticket are sent by the seller to the buyer. The buyer keeps the receive ticket and stamping or writing an acknowledgment on the deliver ticket returns it. The operation is called comparison and it is confirmatory of the transaction between the two brokers. In trade the term ticket means brand, that is, a brand of aq goods or a particular product. For the meaning of the term ticket on the London Stock Exchange see Name day.