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Glossary > R > "Receive Versus Payment - RVP" Definition

Receive Versus Payment - RVP

An instruction accompanying sell orders, stating that only cash will be accepted in exchange for delivery of the securities.

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Receive Versus Payment - RVP - An instruction accompanying sell orders, stating that only cash will be accepted in exchange for delivery of the securities.

Receive Versus Payment - RVP : an instruction accompanying sell orders, stating that only cash will be accepted in exchange for delivery of the securities.