Usually means: Securities exchanged simultaneous with payment.
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We found 7 dictionaries that define the word Delivery versus payment:

General (2 matching dictionaries)
  1. delivery versus payment: Dictionary.com
  2. Delivery versus payment: Wikipedia, the Free Encyclopedia

Business (5 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. Delivery versus payment: Bloomberg Financial Glossary
  3. Delivery versus payment: Securities Terminology
  4. Delivery Versus Payment, Delivery versus payment: Financial dictionary

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Definitions from Wikipedia (Delivery versus payment)

▸ noun:  Delivery versus payment or DvP is a common form of settlement for securities.


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