# Delivery versus payment system (DVP)

- Canonical URL: https://www.gerhardmerk.de/delivery-versus-payment-system-dvp
- Post ID: 593134
- Modified: 2023-07-25T20:59:29+00:00
- Language: en

## Definition

a mechanism in a special exchange-for-value settlement system. This ensures that the final transfer of one asset occurs if and only if the final transfer of [an]other asset[s] occurs (a mechanism in an exchange-for-value 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 may be securities or other financial instruments. - See settlement systems, business continuity program, Euroclear, clearing house, automated, capital transfer system, electronic, contact group for strategic issues in euro payments, retail payments, electronic, trade assignment, remittance system. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

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