next day

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Next Day

Referring to a transaction on which the settlement date is the trading day immediately following the trade date. Some transactions are required to be next day; for example, options contracts are next day transactions.

next day

Of or relating to a transaction that requires settlement one business day after the trade date. For example, options require next day settlement.
References in periodicals archive ?
Apart from the efficiency of being able to hold your cash, unit trusts, ISAs, SIPPs, bonds etc all on one statement and immediately accessible on line with up to date same day valuations, the ability to switch assets within the platform instantly (obtaining the next day fund price) offers an advantage to investors.
Skyline Data's CEO, Lawrence Cohen, expounded upon the benefits of extended deposit times and next day fund availability when using Remote Deposit Capturing technology.
Recognized nationwide for its focus on legendary customer service and humanized approach to retail banking, TD Bank will offer its renowned conveniences to customers at the new Canton Crossing location, including the longest hours in the markets we serve, live customer service seven days per week, twenty-four hours per day, 365 days per year, next day funds availability, instant issue debit cards, lollipops for kids and biscuits for dogs, and free use of Penny Arcade, TD's coin counting machine.