Overnight delivery risk

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 when delivery takes place in Europe for payment in dollars in New York.

Overnight Delivery Risk

The risk that a difference in time zone will delay a payment from being made. Because different time zones have business days that do not overlap (for example, offices Seattle and Dubai are almost never open for business at the same time), one party may not know that a delivery or payment has not been made during the time when he/she would be able to do the most about it. As a result, one party may not know whether the other has fulfilled his/her obligations until the next business day.

单词	overnight delivery risk
释义	Overnight delivery risk Overnight delivery risk 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 when delivery takes place in Europe for payment in dollars in New York. Overnight Delivery Risk The risk that a difference in time zone will delay a payment from being made. Because different time zones have business days that do not overlap (for example, offices Seattle and Dubai are almost never open for business at the same time), one party may not know that a delivery or payment has not been made during the time when he/she would be able to do the most about it. As a result, one party may not know whether the other has fulfilled his/her obligations until the next business day.
随便看	intelligence requirement intelligence requirements management intelligence research & development council intelligence research paper intelligence research specialist intelligence reserve division intelligence resource advisory committee intelligence resources program intelligence review board intelligencers intelligences intelligence satellite intelligence score intelligence & security intelligence, security, and electronic warfare intelligence security board intelligence security operations group intelligence, sensors, reconnaissance intelligence service intelligence service, armed forces of the philippines intelligence service oliver strachey intelligence services intelligence services act intelligence shared database intelligence shared data server