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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 ?

The agreement now requires the foundation to settle 10 percent of the total amount which is Sh200 million in 30 days for them to be allowed to start fencing off the land and do other activities.

Plan to settle Mau Mau war veterans in Laikipia kicks off

Global Banking News-June 12, 2015--Wells Fargo settles with New Mexico employee group

Wells Fargo settles with New Mexico employee group

I've heard plaintiff's attorneys say "[this carrier] settles every case for $7,500 plus fees" or "I sue [this insurer] all the time--they like me and settle after initial discovery." But what if an insurer earned a reputation for taking cases to trial, instead of automatically paying?

Frivolous lawsuits?

With IBM's software, the new securities settlement system, Dali, settles over USD250bn in securities per day in near real time.

IBM's software used by Mexican Banks to rapidly settle stock trade settlements

The permit allows Central Waste to process solid waste and construction and demolition debris in an existing enclosed structure, agency spokesman Mike Settles reported.

Ohio EPA issues permit to Central Waste firm

It may start with blazing heat but settles down to slow-burn warmth.

Mr Right now?

Because of the focusing and the heightened contrast caused by the obstacle, schlieren imaging can visualize subtler fluctuations than can shadowgraphy, Settles says.

Revealing covert actions: updated technologies expose air's unseen eruptions

(1) The term "settlor" means the person who creates (i.e., settles) and funds the trust via gifts.

Third-party trusts integrate estate and asset-protection planning

Most of the case law in which an insured seeks to hold the insurer liable for settlements within policy limits occurs in the context of policies that explicitly allow insurers to settle claims or lawsuits as the insurers "deem expedient." In these situations, some courts have found in favor of insurers, interpreting the "deems expedient" provision to preclude an action for breach of good faith against an insurer that settles a claim within policy limits, regardless of whether the insured consents.

Can insureds stop their carriers from settling claims?

Even if the facility settles out of court--meaning the terms will most likely never make it into the public's eye, according to Cole--there's a smear on what might have been a spotless reputation.

See you in court? Settling 'frivolous' suits has other costs

If the company is perceived as settling almost any bad faith case that is filed against it, the result may be more bad faith suits by more plaintiff's attorneys eager to get more "easy money." If the company settles, it may lose an opportunity to make good law or to demonstrate it is not afraid to fight cases that should be fought.

Defensive moves: assessing whether to try or settle a bad faith lawsuit involves many factors with much at stake for various parties

According to Craig Settles, wireless technology consultant and author of Wireless, Inc.