Next day settlement

Next day settlement

Transaction in which the contract is settled the day after the trade is executed. See: Settlement date.

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.
References in periodicals archive ?
Can you provide next day settlement for Visa, MasterCard, AMEX and Discover Card network
Citi has responded to these client needs by expanding WorldLink low value cross border offering to include India, Mexico and Poland and making available 13 additional funds transfer currencies for same day and / or next day settlement.