Immediate settlementDelivery and settlement of securities within five business days.
Settlement rateSettlement rate
The 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 riskSettlement risk
The risk that one party will deliver and the counterparty will not be able to pay and vice versa.
Good delivery and settlement proceduresGood delivery and settlement procedures
Refers to PSA Uniform Practices such as cutoff times on delivery of securities and notification, allocation, and proper endorsement.
Structured settlementStructured settlement
An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements.
Cash settlementCash settlement
Deals on an exchange where investors are obliged to settle immediately rather than on account.An expression used in futures and options trading which applies when physical delivery is impractical and contracts are settled by attaching a monetary value.
Further Suggestionssettlement options
Cash sale or settlement
Regular way settlement
Exercise settlement amount
Skip day settlement
Uniform Settlement Statement
Exchange Delivery Settlement Price
Continuous net settlement (CNS)
Bank for International Settlements
Bank for International Settlements (BIS)
Real Estate Settlement Procedures Act (RESPA)
Dispute settlement mechanism
Cash settlement contracts
Same Day Funds Settlement (SDFS)