Same-Day Funds Settlement

Also found in: Acronyms

0.01 sec.

Same-Day Funds Settlement (SDFS)

A method of settlement used in trading between well-collateralized parties in good-the-same-day federal funds used by the Depository Trust Company for transactions in US government securities, short-term municipal notes, medium-term commercial paper notes, CMOs, and other instruments.

Describing a transaction on which the settlement date occurs on the same day as the trade date. Most of the time, same-day funds settlement occurs for funds transferred over the Fed Wire service; in other words, this type of settlement occurs only for the least risky securities and funds.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Same Day Funds			However, the full implementation of the technologies of paperless municipal bonds and same-day funds settlement is bringing funds transfer mechanics more into the spotlight and necessitating that issuers develop more fail-safe procedures in cooperation with their paying agents. Same-day funds settlement on municipal bonds: new principal and ... by Anders, Alan L. / Government Finance Review 22, payment practices for all securities trades will shift from next-day funds settlement (NDFS) to same-day funds settlement (SDFS), meaning payments will have to be made in good money. Funding investments won't wait until the next day by Treadway, Tyler / Arkansas Business A same-day funds settlement (SDFS) service introduced by DTC in July of 1987 will extend the depository's book-entry services to include medium-term notes, jumbo CDs, commercial paper, and mortgage-backed securities. Paperless securities - not just for finance companies by Fredman, Albert J. / Financial Executive			Sales Load Sales Mix Sales Per Share sales price Sales Return Sales Tax Sales Territory Sales to Cash Flow Ratio Sales, General, and Administrative Expenses Sales-Type Lease salesperson Salida Sallie Mae Salmonella Salomon Brothers Non-U.S. Dollar World Government Bond Index Salomon Brothers World Equity Index Salt Name Salto di qualita Salto di scaglione Salvadoran Colon salvage value Sam Walton Samarbeidsavtale Same Day Funds Same Store Sales Same-Day Funds Settlement Same-Day Substitution Samuel Waksal Samurai Bond Samurai Market San Francisco Stock and Bond Exchange Sandbag Sandwich Generation sandwich lease Sanjutsu Heikin Sanmekai Santa Claus Rally Santeem Santim Santims Sao Paulo Stock Exchange Sao Tome and Principe Dobra Sao Tome and Principe Escudo SAR SARA Sarbanes Oxley Act of 2002 Sarbanes-Oxley Act Sarbanes-Oxley Act of 2002 Sarin Sashine Chuumon Satang			Same store Sales Same store Sales Same store Sales Same Store Sales Growth same strain Same Stuff Another Day Same Stuff Different Company Same Stuff Different Day Same Stuff Different Name Same Stuff Different Pile Same Stuff Different Week Same Stuff Every Day Same Stuff Same Day Same Stuff, Different Year Same Time Last Year Same Time Next Year Same Time Post Same Time, Same Place same to you same to you same to you! same to you! same to you! Same to You, Loser Same Type Attack Bonus Same, Steady same-day Same-Day Fund Same-Day Funds Same-Day Funds Settlement Same-Day Funds Settlements same-day service Same-Day Settlement Same-day substitution Same-Day Substitutions same-day surgery SAME-DC same-gender attraction Same-Gender-Loving Same-Gender-Spousal-Equivalent same-sex Same-Sex Attracted and Transgender Youth Same-Sex Attraction Same-sex civil union Same-sex couple Same-sex erotic activities Same-sex erotic activities Same-sex love (visual arts) Same-sex love (visual arts) same-sex marriage same-sex marriage same-sex marriage same-sex marriage same-sex marriage Same-Sex Oriented Same-sex partner Same-Sex Sexual Harassment Same-Sex Sexual Harassment Same-Sex Sexual Harassment Same-Sex Sexual Harassment

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.