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Glossary > D > "Delivery Versus Payment - DVP" Definition

Delivery Versus Payment - DVP

A securities industry procedure in which the buyer"s payment for securities is due at the time of delivery. Security delivery and payment are simultaneous.

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Delivery Versus Payment - DVP - A securities industry procedure in which the buyer"s payment for securities is due at the time of delivery. Security delivery and payment are simultaneous.

Delivery Versus Payment - DVP : a securities industry procedure in which the buyer"s payment for securities is due at the time of delivery. security delivery and payment are simultaneous.