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Uniform Settlement Statement |
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Uniform Settlement StatementThe Standard HUD Form 1 required to be given to the borrower, lender and seller at, or prior to, settlement.Uniform Settlement Statement 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. Dispute Settlement BodyDispute Settlement BodyThe entity within the WTO that formally deals with disputes between members. It consists of all WTO members meeting together to consider reports of panels and the Appellate Body. Continuous net settlement (CNS)Continuous net settlement (CNS)Method of securities clearing and settlement using a clearing house, which matches transactions to securities available, resulting in one net receive or deliver position at the end of the day. Bank for International Settlements (BIS)Bank for International Settlements (BIS)An international bank headquartered in Basel, Switzerland, which serves as a forum for monetary cooperation among several European central banks, the Bank of Japan, and the US Federal Reserve System. Founded in 1930 to handle the German payment of World War I reparations, it now monitors and collects data on international banking activity and promulgates rules concerning international bank regulation. Cash settlementCash settlementDeals 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 SuggestionsDispute settlement mechanismSettlement Immediate settlement Good delivery and settlement procedures Regular settlement Next day settlement Skip day settlement Bank for International Settlements Settlement risk Insurance settlement Dispute settlement Real Estate Settlement Procedures Act (RESPA) Regular way settlement Exercise settlement amount Cash settlement contracts rolling settlement Settlement options Cash sale or settlement Same Day Funds Settlement (SDFS) settlement Settlement price Exchange Delivery Settlement Price Short settlement Settlement date settlement options |
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