post

(redirected from postmark)
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.

Post

Particular place on the floor of an exchange where transactions in stocks listed on the exchange occur.

Post

1. The physical place on an exchange where transactions occur. Posts are most important to exchanges that use the open outcry or a similar system. They are becoming increasingly irrelevant as more exchanges conduct trading electronically. Posts are also called trading posts.

2. To recognize a transaction on an account. For example, if one writes a check for $100 and $100 is deducted from that account three days later, the transaction is set to post on the third day.

post

A location on the floor of an organized exchange at which assigned securities are traded. Posts are numbered and staffed by specialists. A single location may accommodate the trading of a number of different securities. Also called trading post.

post

To enter information in an account. For example, if a customer sends money to a broker, the brokerage firm will post a credit to the customer's account.

post

an accounting term, meaning to enter the details of a transaction in a firm's LEDGER accounts from the details provided in the firm's JOURNAL.
References in periodicals archive ?
When sending time-sensitive documents to the 1RS, taxpayers should, wherever possible, use USPS certified or registered mail and keep a postmarked receipt for their records.
"The idea of a postmark really seems to have caught their imagination and we've had lots of fantastic entries."
The FTB considers documents timely if the postmark is no later than the due date of a return or payment (or the next business day if the due date falls on a weekend or holiday).
Each state aged association selects an honoree, and the postmark deadline for submitting state winning applications to NAAE is also May 15, 2005.
The Racing Post's Postmark is holding on to the slenderest of leads in the National Press Challenge, hotly pursued by The Sun and The Times.
Originally Royal Mail chiefs had said this year the Wiltshire village's postmistress Anne Noble would be banned from using her Lover hand stamp and people could only get the special postmark through a centre in Slough, Berkshire.
The Santa Claus, Ind., Post Office will be offering its 20th annual picture postmark to cancel postage stamps on holiday mail.
Since the ballots do not require stamps, there is often no attempt to postmark them.
When the taxpayers fried a refund suit in district court, the IRS filed a motion to dismiss the case, arguing the taxpayers could not prove a timely postmark, because they had no "direct" evidence, such as a certified or registered mail receipt.
WASHINGTON (FNS) - A bill that would require businesses to honor the postmark on an envelope when deciding if a credit payment has arrived on time would be unfair and costly for retailers, the National Retail Federation says.
The general rule is that the tax document being transmitted is considered filed when it is delivered to the IRS.(2) To eliminate the vagaries of postal delivery of mailed documents arising from difference in mail delivery times from one part of the country to another, Congress enacted, in 1954, Code Section 7502 which allows the postmark date to suffice as evidence of timely filing.