The financial definition for Receive versus payment:
An instruction that only cash will be accepted in exchange for delivery of securities.
Similar Matches
Dividends received deduction
Dividends received deduction A corporate tax deduction on income
allowed by company A that is in ownership of shares
of company B and receives dividends on
the shares of company B.
Receive fixed counterparty
Receive fixed counterparty The transactor in an interest rate swap who receives payments based on the fixed rate and makes payments based on the floating rate.
Receive floating counterparty
Receive floating counterparty The transaction in an interest rate swap who receives payments based on the floating rate and makes payments based on the fixed rate.