Financial and business terms. 2012.
Delivery versus payment — Payment at the moment of delivery .[1] Delivery versus payment or DVP is a sale transaction of negotiable securities (in exchange for cash payment) that can be instructed to a settlement agent using SWIFT Message Type MT 543 (in the ISO15022… … Wikipedia
delivery versus payment — delivery vs. payment ( DVP) The simultaneous exchange of securities and cash. The safest method of settling either the purchase or sale of a security. In a DVP settlement, the funds are wired from the buyer s account and the security is delivered … Financial and business terms
Delivery Versus Payment — The acronym for DVP (delivery versus payment), or transactions in which there is simultaneous transfer of cash and securities following the trade. A basic feature of automated clearing and settlement, DVP reduces risk significantly: today fewer… … Financial and business terms
Delivery Versus Payment - DVP — A securities industry procedure in which the buyer s payment for securities is due at the time of delivery. Security delivery and payment are simultaneous. Also known as delivery against payment, delivery against cash, or from the sell side … Investment dictionary
Delivery versus payment — A transaction in which the buyer s payment for securities is due at the time of delivery (usually to a bank acting as agent for the buyer) upon receipt of the securities. The payment may be made by bank wire, check, or direct credit to an account … Financial and business terms
free delivery/free payment — A settlement situation whereby one side of the trade is delivered in the absence of the other side; i.e. the free delivery of securities in a bonus issue or the free payment of dividends. Dresdner Kleinwort Wasserstein financial glossary … Financial and business terms
Confirmation of delivery against payment — An ISO term. A confirmation with an option to include itemised accounting details, of the delivery of specified securities, physically or by book entry, to a specified party against a specified amount of money … International financial encyclopaedia
payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it … Financial and business terms
payment terms — / peɪmənt tɜ:mz/ plural noun the conditions laid down by a business regarding when it should be paid for goods or services that it supplies, e.g. cash with order, payment on delivery or payment within a particular number of days of the invoice… … Marketing dictionary in english
delivery — de·liv·ery n pl er·ies: an act that shows a transferor s intent to make a transfer of property (as a gift); esp: the transfer of possession or exclusive control of property to another actual delivery: a delivery (as by hand or shipment) of actual … Law dictionary
