settlement


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Related to settlement: Rural settlement, Human settlement

Settlement

When payment is made for a trade.

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.

settlement

The transfer of the security (for the seller) or cash (for the buyer) in order to complete a security transaction. See also delayed settlement, early settlement.

settlement

See closing. See also Real Estate Settlement Procedures Act.
References in classic literature ?
Soon after this, I went into the settlement, and nothing worthy of a place in this account passed in my affairs for some time.
The buffaloes were more frequent than I have seen cattle in the settlements, browzing on the leaves of the cane, or croping the herbage on those extensive plains, fearless, because ignorant, of the violence of man.
No European settlement ever formed upon this continent has been more distinguished for undeviating kindness and equity toward the savages.
Within two years after their landing, they beheld a rival settlement attempted in their immediate neighborhood; and not long after, the laws of self- preservation compelled them to break up a nest of revellers, who boasted of protection from the mother country, and who had recurred to the easy but pernicious resource of feeding their wanton idleness, by furnishing the savages with the means, the skill, and the instruments of European destruction.
Of the various European settlements upon this continent, which have finally merged in one independent nation, the first establishments were made at various times, by several nations, and under the influence of different motives.
It only contained these words: "Give yourself no trouble about settlements. Leave the use to which he is to put his money for the future in my hands."
You doubtless understand me as now referring to the subject of settlements."
"If the heart of the child is truly in the settlements, let her declare it; she shall have no let or hinderance from me.
Friend, you are at liberty to go into the settlements, and there I would advise you to tarry, as men like me who make but few contracts, do not relish the custom of breaking them so easily."
Abner, set the Captain at liberty; and now, if you will tarry until I am ready to draw nigher to the settlements, you shall both have the benefit of carriage; if not, never say that you did not get a friendly offer."
"I am called upon this day, to fill the office which in the settlements you give unto judges, who are set apart to decide on matters that arise between man and man.
On the other hand, many Israeli circles including rabbis, Knesset members and Israeli officials from the ruling right-wing parties openly expressed their intention to prevent the Palestinians from constructing or creating their own State, recalling that the occupied West Bank is a land for the people of Israel and the Israeli law shall be imposed on it, adding that would mean the establishment of a terrorist state among the settlement blocs.