Receive against payment

Provision of some institutional Sell orders stipulating that only Cash will be accepted as payment for Delivery upon Settlement. also called Receive versus payment.

Related Terms: 11 Accept, Cash, Call, Delivery, Order, Receive versus payment, Sell, Sell order, Settlement, Settle, Tip

Other Related Pages: Category: Trading Starting With: R

Additional Related Terms: Allowance for depreciation, Accrual of discount, Amortization of premium, At par, All or any part, Alternative order, At best, At call, Automated Order Entry System, All-risks coverage