See Also: Delivery versus payment(finance)
Delivery versus payment(money)
Receipt versus payment(finance)
Receive versus payment(finance)
Receive versus payment(money)
versus(dictionary)
VERSUS(law)
versus(dictionary)
Versus purchase(finance)
Market versus quote(finance)

diffarreation (iou) and Delivery versus payment (money)


diffarreation (iou)



diffarreation noun. E17.
[Latin diffareatio(n-), formed as DIF- + farreum spelt-cake: see -ATION.]
Roman History. The dissolution of a Marriage solemnized by confarreation.

Delivery versus payment (money)


Definition: [crh] A in which the buyer's payment for securities is due at transaction the time of delivery (usually to a bank actingDefinition: as agent for the buyer) upon receipt of the securities. The payment may be made by bank wire, check, or direct Definition: "/?rd=credit">credit to an account.