Same-Day Funds Settlement

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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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Same-Day Funds Settlement

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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The series 2007 bonds are secured by a first lien on system development fees (SDFs) related to the town's water system, as well as a subordinate pledge of surplus water system revenues.
"At least 38 members of the ISIL were killed after the Takfiri group was forced to pull back its forces from the villages of al-Hamdouniyeh and Qanat al-Qarreh under the heavy attacks of the SDF fighters," the sources said.
This will further improve the cutting-edge capability of the Japanese SDFs. See Mina Pollmann, "Japan's First Steps into the World of Arms Exports," The Diplomat, January 15, 2015, http://thediplomat.com/2015/01/japansfirst-steps-into-the-world-of-arms- exports/ accessed March 8, 2015.
The Wald test in part (b) of Theorem 3 offers an alternative way of testing the equality of two nested SDFs by testing directly [MATHEMATICAL EXPRESSION NOT REPRODUCIBLE IN ASCII].
broad designation that includes the Air SDF, Maritime SDF, and Ground
This bill would recognize State Defense Forces (SDF) as an integral military component of the Nation's homeland security effort.
Code approved State Defense Force (SDF), a military organization manned by volunteers and reporting to the state governor through their adjutant general.
Nearly half of the governors have standing SDFs, while all the remaining states have the authority to raise such forces.
The SDFS program coordinator contacted all 42 school districts in these counties.
In the year 1907, we are invited to note as visual witnesses "two SDFs ...
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.