DELIVERY VERSUS PAYMENT - DVP
A securities industry settlement procedure in which the buyer's payment for securities is due at the time of delivery. Delivery versus payment (DVP) is a settlement system that stipulates that cash payment must be made prior to or simultaneously with the delivery of the security. Delivery versus payment is from the buyer's perspective; from the seller's perspective, this system is called receive versus payment (RVP). DVP/RVP requirements arose as a result of institutions being prohibited from paying money for securities before the securities were held in negotiable form.
Also known as delivery against payment (DAP), delivery against cash (DAC) and cash on delivery.
POPULAR TERMS
Cost-Volume Profit Analysis
Cost accounting method used in managerial economics. The analysis is based on identifying the break off point of cost and volume of products. This ...
Trade
1. In economics, transaction where several parties are engaged in the negotiation and exchange products and services for a specific product and ser ...
Adam Smith
A philosopher and free-market economist during the 18th century, famous for his ideologies about the efficiency of labor division and individuals&# ...
SEC Form S-1
SEC Form S-1 is also referred to as the “Registration Statement Under the Securities Exchange Act of 1993. SEC Form S-1 is the initial regist ...
Consumer Packaged Goods - CPG
Product consumed daily by the average consumer. Goods included in this category are replenished frequently. CPGs entails a market with consumers, i ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Retirement Planning: Last-Minute Preparation
The road to comfortable and enjoyable retirement is not an easy road. You will experience some challenges along the way as you save up for your gol ...
Everything You Need To Know About Stock Trader Types
The perks and benefits of being a stock trader is one of the most coveted but first you must be a successful a stock trader. A lot of people go int ...
Retirement Planning: Maximizing the Power of Compounding
“The early bird catches the worm.” – William Camden
Ethical Investing: Its Advantages and Disadvantages
Believe it or not, ethical investing comprises a huge emotional component. Investors are human; therefore, they let emotions drive their decisions. ...
Student Loans: Repayment in Times of Financial Difficulty
One day, you are in the middle of a financial hardship. Unfortunately, you still have student loans to pay. What will you do? In times like these, ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | MI Inflation Gauge | Sep | |
| 02:30 | PMI Manufacturing | Sep | |
| 08:00 | Nationwide House Price Index | Sep | |
| 08:30 | Retail Sales | Aug | |
| 09:15 | PMI Manufacturing | Sep | |
| 09:30 | Procure PMI Index | Sep | |
| 09:45 | PMI Manufacturing | Sep | |
| 09:50 | PMI Manufacturing | Sep | |
| 09:55 | PMI Manufacturing | Sep |
