settlement


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Related to settlement: Rural settlement, Human settlement

Settlement

When payment is made for a trade.

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.

settlement

The transfer of the security (for the seller) or cash (for the buyer) in order to complete a security transaction. See also delayed settlement, early settlement.

settlement

See closing. See also Real Estate Settlement Procedures Act.
References in classic literature ?
This I accepted, and at the request of the same gentlemen, undertook to mark out a road in the best passage from the settlement through the wilderness to Kentucke, with such assistance as I thought necessary to employ for such an important undertaking.
The staggering figure endeavored to straighten itself, and then slouched away in the direction of the settlement.
From the first discovery of the Western Hemisphere by Columbus until the settlement of Virginia which immediately preceded that of Plymouth, the various adventurers from the ancient world had exhibited upon innumerable occasions that ardor of enterprise and that stubbornness of pursuit which set all danger at defiance, and chained the violence of nature at their feet.
Many of them went to form a settlement at Charlestown.
I considered, as a great public acquisition, the commencement of a settlement on that point of the western coast of America, and looked forward with gratification to the time when its descendants should have spread themselves through the whole length of that coast, covering it with free and independent Americans, unconnected with us but by the ties of blood and interest, and enjoying like us the rights of self-government.
Two months of autumn were thus occupied, after which Reuben Bourne and his young hunter returned to spend their last winter in the settlements.
I think that we should try to return to the white settlements.
In the meantime, we are staying for the night at some interesting place, the name of which I have unaccountably forgotten; and here I am in my room, writing to you at last--dying to know if Sir Jervis has yet thrown himself at your feet, and offered to make you Lady Redwood with magnificent settlements.
You have given me your abstract of a marriage settlement with the brevity of an ancient Roman.
The settlement is situated eighteen miles up the river.
Dicas (highly respectable and immensely rich), and Richard Turlington were assembled in the library at Muswell Hill, to discuss the question of Natalie's marriage settlement.
A definite settlement, Alexey Alexandrovitch, some settlement of the position.