Delivery Versus Payment

Delivery Versus Payment
Transactions wherein payments made for securities by buyers are due when the securities are delivered. Generally the payment is made to a financial institution/ bank by means of direct account credit, wire transfer or check.

Related posts:

  1. Receive Versus Payment
  2. Payment Float
  3. Payment-In-Kind (PIK) bond
  4. Payment Date
  5. Delivery Points

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