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 ?
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.
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.
The subject of marriage settlements is one of them.
If the heart of the child is truly in the settlements, let her declare it; she shall have no let or hinderance from me.
I have only another question to ask, and that is of the Captain; do you choose to profit by my teams in going into the settlements, or not?
Stranger-originated and investor-originated life insurance is a fast-growing and huge piece of the overall life settlement market, said North Dakota Insurance Commissioner Jim Poolman, chairman of the National Association of Insurance Commissioners' Life Insurance and Annuities Committee.
Basically, it means we exercise our independent judgment surrounding both the legal and factual disagreements in arriving at a particular settlement offer.
The practice has become widespread: the Life Settlement Institute reported last April that to date, life settlements have paid life insurance policy owners an aggregate of more than $1 billion over surrender value for their policies.
A life settlement turns insurance assets into cash, giving the original policyholder an amount greater than the cash surrender value in exchange for ownership of the policy.
The Service's analysis in reaching this conclusion reaffirms the importance of (1) including language in a settlement agreement as to the tax characterization of the payment and (2) providing supporting documentation.