Meaning 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
More terms such as Delivery versus payment in Dictionary D.
- Definition Dual Banking:
- Examples Describes United States custom in which a bank is chartered by the state or federal government delivery versus payment definition.
- Definition Demand Master Notes:
- Examples Short-term securities that are repayable immediately upon the holder's demand delivery versus payment explain.
- Definition Decimal Trading:
- Examples The quotation and trading of stock prices in decimals, as opposed to the quotation of stock prices in fractions of a dollar delivery versus payment what is.
- Definition De Facto:
- Examples Existing in actual fact although not by official recognition delivery versus payment meaning.
- Definition Dilution Protection:
- Examples that changes the conversion ratio in the case of a stock dividend or extraordinary distribution to avoid dilution of a convertible bondholder's potential equity position. Adjustment usually delivery versus payment abbreviation.
