Pay/Collect

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Pay/Collect

The exchange of money that occurs between futures traders after all transactions have been marked to market and netted by a clearing house. After the end of a trading day, the clearing house offsets trades against each other so the least possible amount of money actually needs to be transferred. This exchange is called pay/collect, or more properly, payment and collection.

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No references found			Member banks will be able to achieve huge savings in operation costs by pooling thousands of quarterly `reset payments' into a single pay/collect transaction," said Cristobal Conde, chairman and chief executive officer of SunGard. CHICAGO MERCANTILE EXCHANGE, SUNGARD, S.W.I.F.T. LAUNCH REVOLUTIONARY ... by PR Newswire			Path-Dependent Option Patrimoine Patrimonio Patrimonio comun Patrimonio neto Patrimonio neto tangible Patriot Bond Patron oro Pattern Pattern Day Trader Patterson v. Shumate Paul v. Virginia Paul Volcker Pauper Pawn Pawn Shop Pawnbroker Pay Out Pay-As-You-Go Pay-as-you-go basis Pay-Down Pay-Down Magic Pay-For Pay-to-Play Pay-Up Pay/Collect Payable Payable a vue Payable Date Payable on Demand Payable through drafts Payable to Bearer Payable-on-Death Payables Payback payback period Payday Loan Paydown Paydown Factor Payee Payer Paygo Paying Agent payment Payment Adjustment Cap Payment Adjustment Interval payment cap Payment Date Payment Float Payment for Order Flow Payment In-Kind			pay-loo-ah pay-off pay-offs pay-out pay-out pay-out Pay-Out Period Pay-Out Periods Pay-Out Phase Pay-Out Phases Pay-Out Rate Pay-Out Rates Pay-Out Ratio Pay-Out Ratios Pay-Per-Call Services Consumer Protection Act Pay-per-click Pay-per-click Pay-per-Click Marketing Pay-Per-Transaction pay-per-view pay-phone pay-station Pay-to-play pay-TV pay-TV Pay-up Pay-Ups Pay-When-Paid Pay/Collect Pay/Personnel Administrative Support System Paya Paya Paya Paya Paya Lebar Air Base Paya Lebar Methodist Church Paya Lebar Methodist Girls' School payable payable payable payable payable Payable a vue payable account payable account payable account payable account payable account Payable Chez Vous Payable date Payable date Payable Dates Payable on Death Payable on Death Payable on Death (finance) Payable on Death (finance) Payable on Death (finance) payable on demand payable on demand

Financial Dictionary

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