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What (who) is progress payment - definition

COMMON FORM OF SETTLEMENT FOR SECURITIES

Delivery-versus-payment; Payment versus payment

progress

GERMAN FILM DISTRIBUTOR

Progress Film-Vertrieb; Progress Film-Verleih; Progress Film-Verleih GmbH; Progress Film

(progressed)

Frequency: The word is one of the 1500 most common words in English.

1.

Progress is the process of gradually improving or getting nearer to achieving or completing something.

The medical community continues to make progress in the fight against cancer...

The two sides made little if any progress towards agreement.

N-UNCOUNT

2.

The progress of a situation or action is the way in which it develops.

The Chancellor is reported to have been delighted with the progress of the first day's talks...

N-SING: the N, oft N of n

3.

To progress means to move over a period of time to a stronger, more advanced, or more desirable state.

He will visit once a fortnight to see how his new staff are progressing...

He started with sketching and then progressed to painting.

VERB: V, V to n

4.

If events progress, they continue to happen gradually over a period of time.

As the evening progressed, sadness turned to rage...

VERB: V

5.

If something is in progress, it has started and is still continuing.

The game was already in progress when we took our seats...

PHRASE

Progress

GERMAN FILM DISTRIBUTOR

Progress Film-Vertrieb; Progress Film-Verleih; Progress Film-Verleih GmbH; Progress Film

·vt To make progress in; to pass through.

II. Progress ·noun In the growth of an animal or plant; increase.

III. Progress ·vi To make improvement; to Advance.

IV. Progress ·noun In actual space, as the progress of a ship, carriage, ·etc.

V. Progress ·noun A moving or going forward; a proceeding onward; an advance.

VI. Progress ·noun In knowledge; in proficiency; as, the progress of a child at school.

VII. Progress ·noun In business of any kind; as, the progress of a negotiation; the progress of art.

VIII. Progress ·noun A journey of state; a circuit; especially, one made by a sovereign through parts of his own dominions.

IX. Progress ·noun Toward ideal completeness or perfection in respect of quality or condition;

- applied to individuals, communities, or the race; as, social, moral, religious, or political progress.

X. Progress ·vi To make progress; to move forward in space; to continue onward in course; to Proceed; to Advance; to go on; as, railroads are progressing.

PROGRESS

GERMAN FILM DISTRIBUTOR

Progress Film-Vertrieb; Progress Film-Verleih; Progress Film-Verleih GmbH; Progress Film

PROGRESS is a German film distributor. It was established in 1950 to handle the release of films produced by DEFA, the state-controlled production outfit of communist East Germany.

https://en.wikipedia.org/wiki/PROGRESS

Wikipedia

Delivery versus payment

Delivery versus payment or DvP is a common form of settlement for securities. The process involves the simultaneous delivery of all documents necessary to give effect to a transfer of securities in exchange for the receipt of the stipulated payment amount. Alternatively, it may involve transfers of two securities in such a way as to ensure that delivery of one security occurs if and only if the corresponding delivery of the other security occurs.

This is done to avoid settlement risk such as where one party fails to deliver the security when the other party has already delivered the cash when settling a securities trade.

https://en.wikipedia.org/wiki/Delivery versus payment