settle

(redirected from settled estate)
Also found in: Dictionary, Thesaurus, Medical, Legal.

Settlement

The process in which a buyer makes payment and receives the agreed-upon good or service. This term is used on exchanges to indicate when a security actually changes hands, which often occurs several days after a trade is made. See also: Clearance.

settle

To complete a securities transaction.
References in periodicals archive ?
The art adviser to the Penrhyn Settled Estates, Stephen Somerville, said he had received three calls about the painting in the last month.
Mr Somerville said that while the work was not being actively marketed he was obliged to pass on any serious expressions of interest to the Penrhyn Settled Estates Trust.