Business / Finance Topics

    Exchange-for-value settlement system


    A general term referring to systems which simultaneously exchange the two assets involved in a foreign exchange transaction or a securities transaction. See also delivery versus delivery; delivery versus payment; payment versus payment (European Central Bank)




    YOU MAY ALSO LIKE


    © 1991-2023 The Titi Tudorancea Bulletin | Titi Tudorancea® is a Registered Trademark | Terms of use and privacy policy
    Contact