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https://www.investopedia.com/terms/d/dvp.asp
Delivery versus payment (DVP) is a securities industry settlement method that guarantees the transfer of securities only happens after payment has been made. DVP stipulates that the buyer's cash payment for securities must be made prior to or at the same time as the delivery of the security.
https://www.oxfordreference.com/view/10.1093/oi/authority.20110803095708675
A delivery of securities to a designated recipient only upon receiving payment. The opposite side is receive-versus-payment (cf. cash against delivery; free delivery).
https://www.investopedia.com/ask/answers/051915/whats-difference-between-cashondelivery-differ-and-delivery-against-payment.asp
Aug 21, 2019 · Conversely, delivery versus payment (DVP), also known as delivery against payment, is a type of transaction that deals with securities. This transaction stipulates that securities are delivered to a specified recipient only when a payment is made.
https://acronyms.thefreedictionary.com/Delivery+Against+Payment
By integrating securities and money transfer systems, a depository can provide strong assurances to participants that final securities transfers (deliveries) will occur if, and only if, final money transfers (payments) occur, that is, it can achieve delivery against payment.
https://glosbe.com/en/en/delivery%20against%20payment
Delivery versus payment (DVP) or delivery against payment system: a mechanism in a securities settlement system which ensures that the final transfer of assets (securities or other financial instruments) occurs if, and only if, the final transfer of another asset or other assets occurs.
https://glosbe.com/en/en/payment%20against%20delivery
payment against delivery Example sentences with "payment against delivery", translation memory Securities settlement system (SSS): a system which permits the holding and transfer of securities, either free of payment or against payment (delivery versus payment) or …
https://www.investopedia.com/terms/r/rvp.asp
Apr 08, 2019 · Delivery versus payment is a securities industry settlement procedure in which the buyer's securities payment is due at or before time of delivery.Author: Will Kenton
http://www.businessdictionary.com/definition/payment-against-documents.html
Definition of payment against documents: Arrangement under which a buyer can get the delivery (shipping) documents only upon full payment of the invoice or bill of exchange.
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