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. The New York Times Financial Glossary

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   ► See DVP.

Financial and business terms. 2012.

Look at other dictionaries:

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  • 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

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  • ПОСТАВКА ПРОТИВ ОПЛАТЫ (DELIVERY VERSUS PAYMENT (DVP)) — система расчетов в операциях с ценными бумагами, которая обеспечивает механизм, гарантирующий, что поставка произойдет только в случае оплаты и в момент оплаты …   Словарь понятий и терминов, сформулированных в нормативных документах российского законодательства

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  • Receive Versus Payment - RVP — An instruction accompanying sell orders, stating that only cash will be accepted in exchange for delivery of the securities. Institutions are usually required by law to only accept cash …   Investment dictionary

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  • DVP — 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

  • DVP — Delivery Versus Payment (Business » General) * Don Valley Parkway (Governmental » Transportation) * Don Valley Parking (Business » Firms) * Dynamic Virus Protection (Computing » Security) * Device parameter file (AutoCAD) (Computing » File… …   Abbreviations dictionary

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