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Cash sale or settlement |
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Cash sale or settlementTransaction in which a contract is settled on the same day as the trade date, or the next day if the trade occurs after 2:30 p.m. EST and the parties agree to this procedure. Often occurs because a party is strapped for cash and cannot wait until the regular five-business day settlement. See: Settlement date.Cash sale or settlement Similar MatchesSettlement rateSettlement rateThe rate suggested in Financial Accounting Standards Board (FASB) 87 for discounting the obligations of a pension plan. The rate at which the pension benefits could be effectively settled if the company sponsoring the pension plan wishes to terminate its pension obligation. Settlement optionsSettlement optionsThe various options available to the beneficiaries of a life insurance policy in the event of the death of the insured. For example a lump sum or an income. Same Day Funds Settlement (SDFS)Same Day Funds Settlement (SDFS)A method of settlement used in trading between well-collateralized parties in good-the-same-day federal funds used by the Depository Trust Company for transactions in US government securities, short-term municipal notes, medium-term commercial paper notes, CMOs, and other instruments. Regular way settlementRegular way settlementIn the money and bond markets, the standard basis on which some security trades are settled is that the delivery of the securities purchased is made against payment in Fed funds on the day following the transaction. Good delivery and settlement proceduresGood delivery and settlement proceduresRefers to PSA Uniform Practices such as cutoff times on delivery of securities and notification, allocation, and proper endorsement. Further SuggestionsSettlementBank for International Settlements (BIS) Regular settlement Short settlement Exchange Delivery Settlement Price Settlement options settlement settlement day Uniform Settlement Statement rolling settlement Settlement risk Settlement price Settlement date Structured settlement Continuous net settlement (CNS) Next day settlement Dispute Settlement Body Insurance settlement Skip day settlement Dispute settlement mechanism Cash Settlement Exercise settlement amount Dispute settlement Immediate settlement Cash settlement contracts |
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