Business / Finance / Settlement Date: The date on which payment is made to settle a trade. For stocks traded on U.S. exchanges, settlement is currently three business days after the trade. For mutual funds, settlement usually occurs in the U.S. the day following the trade. In some regional markets, foreign shares may require months to settle.
Date Noun Synonyms: time, year, season, period, day, age, era, epoch, stage, phase
Date Verb Synonyms: entertain, escort, go out (with), go steady (with)
Settlement Verb Synonyms: colony, outpost, post, camp, community, encampment, village, hamlet
Settlement Noun Synonyms: payment, defrayal, discharge, liquidation, satisfaction, settling, quittance, clearing, clearance
Business / Finance / Next Day Settlement: Transaction in which the contract is settled the day after the trade is executed. See: Settlement date. MORE
Business / Finance / Delivery Date: The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. MORE