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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.


Movement of an improvement because of movement in the soil supporting the improvement.It could be caused by compaction of the soil,erosion of pockets due to underground streams or springs,or the aftereffects of frost heave pushing frozen ground upward and then settling back.

References in periodicals archive ?
dollar is illustrated by the predominance of CHIPS payments that are related to settling the U.
Reports from the ISO Claims Outcome Advisor can show the effect of a claims initiative--such as settling all whiplash claims within 30 days--in a very short time frame.
Hopefully when we have a new courthouse, the price of settling misdemeanor cases will go up,'' Portillo added.
I am with you 100 percent,'' she told Riordan's attorneys on settling the runoff issue later.
Although the deputies were exonerated in the shooting, the County Counsel's Office recommended settling because of Mittenhuber's mental problems and the possibility that a jury might have awarded him $6.
If there is an additional half-inch of settling, a California Department of Transportation permit will force a halt in tunnel work, said Caltrans District Permit Office Director Ray Hinton.