settle

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Related to settled for: pertain to, run by, in consequence, pick up on, in line with, argue for, bring up the rear

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 ?
19, 1994, and Alejandro Segura, who was hit in the leg by pellets from the same shotgun blast, had sought $20 million and settled for $50,000.
two 401(k) class actions against First Union Corporation that were recently successfully settled for $26 million.
When the lawsuit was settled For $10 million in 1994, Wade was able to recoup one-third his investment, and some in the class action recovered up to 100 percent, depending on when they had invested.