Settlement 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.
Settlement optionsThe various possibilities open to a beneficiary under a life insurance policy as to how the benefit will be paid out.
Next day settlementNext day settlement
Transaction in which the contract is settled the day after the trade is executed. See: Settlement date.
Settlement riskSettlement risk
The risk that one party will deliver and the counterparty will not be able to pay and vice versa.
Exchange Delivery Settlement PriceExchange Delivery Settlement Price
The price which determines the price for physical delivery of the underlying instrument or the price at which contracts are cash settled.
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.
Cash sale or settlementCash sale or settlement
Transaction 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.
Further SuggestionsContinuous net settlement (CNS)
Uniform Settlement Statement
Skip day settlement
Regular way settlement
Good delivery and settlement procedures
Dispute settlement mechanism
Same Day Funds Settlement (SDFS)
Real Estate Settlement Procedures Act (RESPA)
Dispute Settlement Body
Cash settlement contracts
Exercise settlement amount
Bank for International Settlements