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

settle

To complete a securities transaction.
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.
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.