delivery versus payment

delivery versus payment读音音标

英 [diˈlivəri ˈvə:səs ˈpeimənt]

美 [dɪˈlɪvəri ˈvɚsəs ˈpemənt]

delivery versus payment意思解释

释义

付款交割；

英英释义

Delivery versus payment or DVP is a common form of settlement for securities. The process involves the simultaneous delivery of all documents necessary to give effect to a transfer of securities in exchange for the receipt of the stipulated payment amount.