Delivery versus payment or DVP is a common form of settlement for securities. The process involves the simultaneous delivery of all documents necessary to give effect to a transfer of securities in exchange for the receipt of the stipulated payment amount. Alternatively, it may involve transfers of two securities in such a way as to ensure that de...
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http://en.wikipedia.org/wiki/Delivery_versus_payment
A in which the buyer`s payment for securities is due at transaction 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.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfglosd.htm
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.
Found on
http://www.encyclo.co.uk/local/20047
The price fixed by the clearinghouse at which deliveries on futures are invoiced; also the price at
Found on
http://www.encyclo.co.uk/local/22402
No exact match found.
