payment by securities
1payment banks — These are CREST Participants who guarantee payment for securities delivered to their client via CREST. Payment banks respond to instructions from members CMAs (see Cash Memorandum Account). All cash movements are effected outside CREST by… …
2securities — I noun assets, bonds, capital, evidences of debts, evidences of obligations, holdings, invested property, investment, negotiables, property, shares, stocks associated concepts: corporate securities, investment securities, sale of securities II… …
3payment-in-kind — (PIK) USA In the case of bank loans, a feature whereby the interest is added to the principal balance of the loan (referred to as capitalized) instead of being paid to the lender in cash (called cash pay interest). In the case of other securities …
4Delivery versus payment — Payment at the moment of delivery .[1] Delivery versus payment or DVP is a sale transaction of negotiable securities (in exchange for cash payment) that can be instructed to a settlement agent using SWIFT Message Type MT 543 (in the ISO15022… …
5Securities lending — In finance, securities lending or stock lending refers to the lending of securities by one party to another. The terms of the loan will be governed by a Securities Lending Agreement , which, under U.S. law, requires that the borrower provides the …
6Securities Fraud Deterrence and Investor Restitution Act — The Securities Fraud Deterrence and Investor Restitution Act was USBill|108|H.R.|2179 and is a bill currently on the Union Calendar. Its official titles as introduced, is To enhance the authority of the Securities and Exchange Commission to… …
7Securities and Exchange Commission v. W. J. Howey Co. — SCOTUSCase Litigants=Securities and Exchange Commission v. W. J. Howey Co. ArgueDate=May 2 ArgueYear=1946 DecideDate=May 27 DecideYear=1946 FullName=Securities and Exchange Commission v. W. J. Howey Co. et al. USVol=328 USPage=293 Citation=66… …
8securities settlement system — ( SSS) Euroclear Clearing and Settlement glossary A system which permits the holding and transfer of securities, either free of payment (FOP) or against payment (Delivery Versus Payment ( DVP). Euroclear Clearing and Settlement glossary …
9securities settlement system — (SSS) A system which permits the holding and transfer of securities, either free of payment (FOP) or against payment (Delivery Versus Payment (DVP) …
10securities — Financial instruments that are traded on a stock exchange and yield an income. Securities include shares, bonds and debentures issued by corporations. The assets and/or profits of the issuing corporation stand as security for payment. No… …
