settlement

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Settlement

When payment is made for a trade.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

settlement

See closing. See also Real Estate Settlement Procedures Act.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.