Three of the four stages of cellular respiration produce ATP. The first stage, glycolysis, occurs in the cytoplasm of the cell. During this stage, one glucose molecule is broken into two pyruvic acid molecules. This results in the production of two ATP molecules for every glucose used.
progress payment. Payment made as work progresses under a contract, upon the basis of costs incurred, of percentage of completion accomplished, or of a particular stage of completion.
What is 'Delivery Versus Payment - DVP'. A securities industry settlement procedure in which the buyer's payment for securities is due at the time of delivery. Delivery versus payment (DVP) is a settlement system that stipulates that cash payment must be made prior to or simultaneously with the delivery of the security. Delivery versus payment is from the buyer's perspective; from the seller's perspective, this system is called receive versus payment (RVP).