See Also: Overnight delivery risk(finance)
Overnight delivery risk(money)
overnight bag(dictionary)
overnight(dictionary)
Overnight trade(finance)
Overnight rate(finance)
Overnight position(money)
Overnight repo(money)
Overnight repo(finance)
Overnight position(finance)

Overnight delivery risk (finance)


A risk brought about because differences in time zones between settlement centers require that payment or delivery on one side of a transaction be made without knowing until the next day whether the funds have been received in an account on the other side.