Exchange Delivery Settlement Price
Exchange Delivery Settlement PriceThe price which determines the price for physical delivery of the underlying instrument or the price at which contracts are cash settled.
When payment is made for a trade.
Next day settlementNext day settlement
Transaction in which the contract is settled the day after the trade is executed. See: Settlement date.
Skip day settlementSkip day settlement
Settling a trade one business day beyond what is normal.
Regular settlementRegular settlement
Transaction in which a stock contract is settled and delivered on the fifth full business day following the date of the transaction (trade date). In Japan, regular settlement occurs three business days following the trade date; in London, two weeks following the trade date (at times, three weeks); in France, once per month.
Real Estate Settlement Procedures Act (RESPA)Real Estate Settlement Procedures Act (RESPA)
A federal statute requiring disclosure of certain costs in the sale of residential, improved property which is to be financed by a federally insured lender.
Further SuggestionsRegular way settlement
Bank for International Settlements (BIS)
Cash sale or settlement
Bank for International Settlements
Uniform Settlement Statement
Cash settlement contracts
Dispute settlement mechanism
Continuous net settlement (CNS)
Good delivery and settlement procedures
Exercise settlement amount