delayed settlement

Delayed Settlement

A situation in which a buyer or, more commonly, his/her broker, does not receive delivery of the securities he/she bought by the settlement date. A delayed settlement may or may not be by mutual consent of the counterparties to the transaction. A seller may deliberately arrange a delayed settlement so the securities remain on his/her records until a certain event, such as the ex-dividend date, has passed. See also Fail to deliver, Aged fail.

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.
References in periodicals archive ?
Elsewhere in his remarks, Rashidian urged Saudi Arabia to take effective measures over the stampede in Mina and Mosque al-Haram, where several hundred Iranian pilgrims lost their lives, saying Saudi diplomatic mission in the UN has delayed settlement of the case.
The Contract will provide that the Party that has failed to fulfill its contractual obligations or has failed to do so shall indemnify the other Party for any losses incurred and shall pay default interest of 0.02% (two hundred percent) on the outstanding amount or outstanding obligations for each delayed settlement or settlement date.
This triggered a decline in the demand for commercial vehicles and equipment due to a dearth of avenues for deployment of assets, excess capacity, drop in hiring rates and delayed settlement of dues by contractors.
Mr Ngaka said the Advisory and Arbitration Council was faced with challenges of poorly formulated constitutions as well as poor record keeping by registered societies which delayed settlement of disputes.
However, delayed settlement has impaired cash flow generation.
Emerging KSA-Israel rapprochement with most likely delayed settlement of Palestinian issue, will pose serious challenges to the entire region and Pak-KSA relations.
The collection was, however, extremely short of Rs145 billion targets because of delayed settlement of court cases.
It is in this context that we should view the recent attacks on the Authority's decision to impose an annual interest of 4.5 per cent on the delayed settlement of bills.
Chia, "Effects of delayed settlement on survival, growth and reproduction in the spionid polychaete Polydora ligni" Invertebrate Reproduction & Development, vol.
The current work was undertaken to define more completely the point when delayed settlement has a deleterious effect on subsequent postmetamorphic survival in red abalone and to provide a better understanding of larval biology and dispersal capabilities.
CAIRO: Prices on Egypt's stock market must stabilize before same-day settlement resumes, the financial regulator said, shrugging off warnings from some traders that the delayed settlement imposed during February's popular uprising was deterring investors.
Perth, Australia, Feb 16, 2011 - (ABN Newswire) - As previously announced, FerrAus Limited (ASX:FRS) (PINK:FRRAF) had delayed settlement of its A$35 million placement (Placement) pending ASIC determination of an application by Wah Nam International Australia Pty Ltd, a wholly owned subsidiary of Wah Nam International Holdings Limited (HKG:0159) (Wah Nam), for relief to vary offers under its takeover bid to extend them to newly issued shares (Takeover Extension), including shares to be issued under the Placement (new Placement Shares).