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 ?
Johnson declared that the decision would lead "to much litigation where questions had been settled for years, and put everything respecting landed property into the greatest confusion." Kentucky's other senator-- the even more influential Henry Clay, who generally opposed liberally extending squatter rights--conceded the point: "They build houses, plant orchards, enclose fields, cultivate the earth, and rear up families around them...
After hostile negotiations, the parties settled for $14.29 million plus legal fees.
In more recent years, the Commission has typically handled over 50,000 new reviews each year, along with cases that were not settled for previous years on the same property.