Legal Definition
In a legal context, 'delivery' refers to the formal transfer of goods or assets from one party to another, completing the contractual obligation. It signifies that the agreed-upon item has been successfully transferred according to the terms set forth in a contract.
Plain-English Translation
Imagine 'delivery' is when you finally get what you ordered. In law, it means making sure the promised thing actually gets handed over to the person who is supposed to receive it, and that this transfer happens correctly according to the contract rules.