- When payment is made for a trade. The New York Times Financial Glossary
* * *settlement set‧tle‧ment [ˈsetlmənt] noun1. [countable, uncountable] an official agreement or decision that ends an argument between two people or organizations:
• After 15 years of litigation, appeals lawyers reached a settlement with the insurance company.
• The inflation rate fell, reflecting recent low wage settlements.
• increases in public sector pay settlements2. [countable, uncountable] FINANCE the payment of money that someone owes:
• The company made a full and final settlement of £30 million.
• Non-US residents are prepared to use the dollar in settlement of debts.3. [uncountable] FINANCE the process of making payments relating to cheques, buying investments etc; = CLEARING:
• The Bank of England and the London Stock Exchange developed a computerised settlement system for transactions in gilt-edged securities.ˈcash ˌsettlement [countable, uncountable] FINANCEwhen shares etc that are bought on a financial market are paid for with money, rather than with other investments:
• After mediation, a cash settlement was agreed upon.ˌrolling ˈsettlement [uncountable] FINANCEa rule stating that when you buy or sell shares on the London Stock Exchange, the payment must be made within a certain number of days from the time when the contract is made:
• Dealings here are for seven-day rolling settlement except in the case of new issues.
* * *Payment for securities or commodities in exchange for their delivery. Usually takes place some time after the deal itself.
* * *settlement UK US /ˈsetlmənt/ noun► [C or U] an official agreement or decision that ends an argument, often involving a payment of money: »
negotiate/reach a settlement»
The lawyer negotiated an out-of-court settlement of $2 million.► [C or U] payment of a debt: in settlement of sth »
I wrote a check for $200 in settlement of my debts.»
Be sure to make full and final settlement by the repayment deadline.► [U] FINANCE, STOCK MARKET the process by which shares and money are exchanged at the end of a day of trading on a financial market: »
The Stock Exchange has an electronic share settlement system.► [U] the process by which payments are made on cheques: »
This charge is made for the returned cheque due to insufficient funds for cheque settlement.
Financial and business terms. 2012.
Look at other dictionaries:
settlement — set·tle·ment n 1: the act or process of settling 2 a: an agreement reducing or resolving differences; esp: an agreement between litigants that concludes the litigation the states finally agreed upon a settlement and a consent decree W. J. Brennan … Law dictionary
Settlement — may refer to:* Consolidation (soil), settlement in soil * Human settlement, permanent community where people live ** Israeli settlement, communities inhabited by Israeli Jews in territory that came under Israel s control as a result of the 1967… … Wikipedia
Settlement — Set tle*ment, n. 1. The act of setting, or the state of being settled. Specifically: [1913 Webster] (a) Establishment in life, in business, condition, etc.; ordination or installation as pastor. [1913 Webster] Every man living has a design in his … The Collaborative International Dictionary of English
Settlement — steht für Settlement (Finanzwesen) Cash settlement Finanzbegriff Permanent Settlement, Steuerbegriff Siehe auch Act of Settlement Latin Settlement The Settlement Selkirk Settlement Settlement Indians … Deutsch Wikipedia
settlement — [n1] decision, conclusion adjustment, agreement, arrangement, clearance, compact, compensation, completion, conclusion, confirmation, contract, covenant, deal, defrayal, determination, discharge, disposition, establishment, happy medium*,… … New thesaurus
settlement — [set′ lmənt] n. 1. a settling or being settled (in various senses) 2. a new colony, or a place newly colonized 3. a) a small or isolated community; village b) a community established by the members of a particular religious or social group 4. an… … English World dictionary
Settlement — (engl., spr. ßéttl ment), Niederlassung, Ansiedelung, Kolonie; auch Festsetzung, Vermächtnis, Anordnung, z. B. über Güterschluß oder Entail (s. d.). – S. (Toynbeehalle) heißt auch eine Ansiedelung akademisch gebildeter Männer in einem… … Meyers Großes Konversations-Lexikon
Settlement — (engl., spr. ßéttlment), Niederlassung, Ansiedlung; Settler, Ansiedler … Kleines Konversations-Lexikon
settlement — The transferring of property to another person or a gift. Under certain circumstances, settlements are void against the Trustee and are brought back into the bankruptcy estate. (Dictionary of Canadian Bankruptcy Terms) United Glossary of… … Glossary of Bankruptcy
settlement — 1640s, act of fixing or steadying; from SETTLE (Cf. settle) (v.) + MENT (Cf. ment). Meaning colony is attested from 1690s; that of payment of an account is from 1729 … Etymology dictionary
settlement — ► NOUN 1) the action or process of settling. 2) an official agreement intended to settle a dispute or conflict. 3) a place where people establish a community. 4) Law an arrangement whereby property passes to a person or succession of people as… … English terms dictionary