settle(redirected from settles on)
Also found in: Dictionary, Thesaurus, Medical, Legal, Idioms.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
To complete a securities transaction.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.