See Also: Overnight delivery risk(money)
Overnight delivery risk(finance)
Money at Risk - Roulette(gambling)
Tight money or dear money(finance)
overnight(dictionary)
overnight bag(dictionary)
overnight 1, adverb(dictionary)
overnight 2, adjective(dictionary)
Overnight position(money)
Overnight repo(finance)

Overnight delivery risk (money)


Definition: [crh] 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. Particularly apparent Definition: when delivery takes place in Europe for payment in dollars in New York.