Definitions for "first notice day"
The first day that a buyer of a futures contract can be called upon to take delivery.
The first day on which notice of intentions to deliver actual commodities against futures contracts can be made.
The first day on which notice of intent to delivery a commodity in fulfillment of an expiring futures contract can be given to the clearinghouse by a seller and assigned by the clearinghouse to a buyer. Varies from contract to contract.