Provision of some institutional sell orders stipulating that only cash will be accepted as payment for delivery upon settlement. also called receive against payment.
Related information about receive versus payment:
- Receive Versus Payment (RVP) Definition | Investopedia
Receive versus payment provisions arose when institutions were prohibited from paying money for securities until they held the securities and they were in ...
- Receive Versus Payment - Financial Dictionary - The Free Dictionary
An instruction that only cash will be accepted in exchange for delivery of securities. Delivery Versus Payment. A settlement procedure in which the buyer and the ...
- What is receive versus payment? definition and meaning
Definition of receive versus payment: Provision of some institutional sell orders stipulating that only cash will be accepted as payment for delivery upon ...
- receive versus payment (RVP) - Business Definition
receive versus payment (RVP) definition: A settlement procedure in which a customer instructs that the delivery of a security will be made immediately upon ...
- Receive Versus Payment - RVP: Definition from Answers.com
instruction accompanying sell orders by institutions that only cash will be accepted in exchange for delivery of the securities at the time of settlement.
- Receive Versus Payment Definition
Receive Versus Payment Selling instruction stating that settlement will be accepted only by cash. Delivery of securities is done only when cash is.
- receive against payment
... of some institutional sell orders stipulating that only cash will be accepted as payment for delivery upon settlement. Also known as receive versus payment.
- About Settlement - Depository Trust and Clearing Corporation
look-ahead processing to determine whether the net effect of your receive-versus -payment (RVP) transaction (which is recycling for insufficient collateral), and ...