settle

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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.

settle

To complete a securities transaction.
References in periodicals archive ?
The firm said that it has named Akash Bansal as business manager within the development and residential consulting team from Portman Settled Estates.
Stephen Somerville, art adviser to the Penrhyn Settled Estates, said he had received three enquiries about the painting in the last month.
Prior to purchasing EstateWorks, many of our customers planned and settled estates using a fragmented process involving a variety of software products, methods, even paper and pen," said Ms.