deferred net settlement system definition
deferred net settlement system. (DNS) means a system which settles on a net basis at the end of a predefined settle ment cycle, e.g. at the end of, or during, the business day;
deferred net settlement system. (DNS system) means a system in relation to which settlement in central bank money takes place on a net basis at the end of a predefined settlement cycle, e.g. at the end of, or during, a business day;
deferred net settlement system. (DNS system) means a system in relation to which settlement in central bank money takes place on a net basis at the end of a predefined settlement cycle,