TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

DELIVERY VERSUS PAYMENT SYSTEM [1 record]

Record 1 1999-04-08

English

Subject field(s)
  • Banking
  • Stock Exchange
DEF

mechanism in a securities settlement system that ensures that the final transfer of one asset occurs if and only if the final transfer of (an)other asset(s) occurs. Assets could include securities or other financial instruments.

French

Domaine(s)
  • Banque
  • Bourse
DEF

Mécanisme dans un système de règlement de titres garantissant que le transfert définitif d'(un) autre(s) actif(s) est effectué. Les actifs peuvent comprendre des titres ou d'autres instruments financiers.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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