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delayed settlement

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delayed settlement
The transfer of a security or cash at a date beyond the usual settlement date. A seller may prefer delayed settlement in order to be listed on a firm's books on the record date for a dividend.

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mPay provides a POS terminal that allows providers to submit a claim for real time settlement whenever possible, and for a delayed settlement when necessary.
Specialized FHA appraisals often required a laundry list of repairs that had to be made before settlement, that often delayed settlement, killed the transaction, or prompted Realtors(R) and lenders to direct homebuyers elsewhere for a mortgage.
The bonds were sold shortly thereafter with delayed settlement scheduled for Feb.
 
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