DVP


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Delivery versus Payment

A settlement procedure in which the buyer and the seller of a security agree that the seller will pay the buyer upon the security's delivery to the seller. This agreement is designed to reduce risk to both parties: if the delivery and payment do not occur at the same time there is a risk, however small, of theft by one party or the other. It is more commonly known as cash on delivery.

DVP

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References in periodicals archive ?
In this case, there was no manual intervention in the great majority of frames for DVP, while manual interventions were frequent for COM.
Qatar, also a frontier market, caps overseas ownership at 25 per cent and started the DVP system on April 11.
As correlacoes geneticas e fenotipicas de HP48 com DVP e PTA foram entre 0,72 e 0,94.
With the implementation of the BCC, ADX not only seeks to reinforce the current DVP model but also to adhere with international standards for financial markets infrastructure.
The second phase of the DVP implementation introduced the fails management procedures, including the buy-in services, whereas the first phase saw the participation of the custodians in the cash settlement, Went added.
A family's KDHAP will be converted to DVP by amending its existing KDHAP rent subsidy contract and lease.
Our multi-currency DVP service, coupled with the Loan/SERV Reconciliation Service, will dramatically reduce risk and provide greater certainty in the syndicated loan market," said Childs.
During the pilot, two Quick Clear Squad shifts were created to allow staff to monitor lanes along the DVP, the Gardiner, and major arterial roads and respond to the scenes of accidents or stalled vehicles.
Prior to that he has held several positions of increasing responsibility since joining the company in 2004 as a regional vice president in Central California, including DVP of Brand Innovation & Regional Marketing, DVP of Operations Initiatives and VP of Franchising.
The CR rating upgrade reflects the new DVP settlement arrangements at the Palestine CDS, including the launching of cash settlement processing through the Palestine Monetary Authority (PMA) in March 2013.
The ADX's BCC settlement procedure will strenthen the DVP model, which in the future may lead to an upgrade by the MSCI," a dealer at a Dubai-based stock brokerage firm told Gulf News.