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Immediate settlement |
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Immediate settlementDelivery and settlement of securities within five business days.Immediate settlement Similar MatchesSettlement daySettlement dayThe day on which purchased securities are due for delivery to the buyer and payment is due to be made to the seller. For nominee accounts, the standard settlement day is three days after the dealing day - known as T+3. For certificated accounts (where shareholders hold share certificates) settlement times are longer. Settlement 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. Cash sale or settlementCash 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. Dispute settlement mechanismDispute settlement mechanismThe procedure by which the WTO settles disputes among members, primarily by means of a three-person panel that hears the case and issues a report, subject to review by the Appellate Body. Dispute settlementDispute settlementIn the GATT, the adjudication of disputes among parties. In the WTO this is done by the dispute settlement mechanism. Further SuggestionsContinuous net settlement (CNS)Skip day settlement Good delivery and settlement procedures Settlement date Settlement Next day settlement Settlement risk Dispute Settlement Body Settlement options Bank for International Settlements (BIS) Cash settlement contracts Bank for International Settlements Real Estate Settlement Procedures Act (RESPA) settlement options Regular way settlement Uniform Settlement Statement Cash Settlement Exchange Delivery Settlement Price Exercise settlement amount Insurance settlement settlement rolling settlement Structured settlement Regular settlement cash settlement |
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