Delivery Versus Payment - DVP

	Definition of '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.
	Investopedia explains 'Delivery Versus Payment - DVP' Also known as delivery against payment, delivery against cash, or from the sell side.

Related Definitions

Receive Versus Payment - RVP

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

1. The same-day settlement of a currency trade in the forex market. This means that delivery and settlement of the transaction occur on the same date that the currency trade is made. In ...
Read More »
Settlement Date

1. The date by which an executed security trade must be settled. That is, the date by which a buyer must pay for the securities delivered by the seller. 2. The payment date of benefits ...
Read More »

Policing The Securities Market: An Overview Of The SEC

Find out how this regulatory body protects the rights of investors.
Read More »
Uncovering The Securities Firm

Learn about the various departments of a securities firm and the professionals who make it work.
Read More »
Selling Losing Securities For A Tax Advantage

Tax-loss harvesting can help you to reduce taxes on your portfolio gains, but make sure you know the rules!
Read More »
- What Is A Registered Investment Advisor?
  
  Hoping for a career in the financial services industry? Working for an RIA may fit the bill.
  Read More »
- Investigating The Securities Police
  
  Learn about the history of FINRA and how this organization protects investors.
  Read More »
- The Risks Of Mortgage-Backed Securities
  
  Find out how weighted average life guards against prepayment risk.
  Read More »
- These Financial Products Are Too Complex For The Average Joe
  
  Structured financial products are so elaborate that investors are unable to assess costs and risk.
  Read More »

Disbanding The Euro	Is Bank Of America In Danger?		The Greatest Currency Trades Ever Made	The Enron Collapse: A Look Back
	Day Trading Strategies For Beginners	The Biggest IPO Flops	How HELOCs Can Hurt You