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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.


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5 percent received by Gustav Stresemann's right liberal German People's Party (DVP), Lower Silesian liberals received nearly a third of all returns, only a few percentage points off their totals in the last prewar election of 1912.
These two left liberal parties would combine with the Southwest German People's Party (Deutsche Volkspartei) in 1910 to form the united, left liberal Progressive People's Party (Fortschrittliche Volkspartei).
The decision to join the Nazis was simply not the same as becoming a member of the Catholic Center or the German People's Party.

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