What is the meaning of Cash on delivery (COD)?

In the context of securities, this refers to the practice of institutional investors paying the full purchase price for securities in cash.

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APABarry Goldsmith. (2010). Cash on delivery (COD). Retrieved September 26, 2026, from http://smartdefine.org/cash_on_delivery_(cod)/definitions/1149579
ChicagoBarry Goldsmith. 2010. "Cash on delivery (COD)" http://smartdefine.org/cash_on_delivery_(cod)/definitions/1149579 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, Cash on delivery (COD), Smart Define, viewed 26 September, 2026, <http://smartdefine.org/cash_on_delivery_(cod)/definitions/1149579>.
MLABarry Goldsmith. "Cash on delivery (COD)" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/cash_on_delivery_(cod)/definitions/1149579>