Settlement

Business / Loan / Settlement: The time when loan and mortgage documents are formally signed and the loan transaction is completed. Sometimes called 'Closing.'

Other Words for Settlement

Settlement Verb Synonyms: colony, outpost, post, camp, community, encampment, village, hamlet
Settlement Noun Synonyms: payment, defrayal, discharge, liquidation, satisfaction, settling, quittance, clearing, clearance
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Life Settlement

Business / Taxes / Life Settlement: If you are over age 70 and no longer need your life insurance policy, you may be able to sell it to a third party in what’s called a life settlement. You’re paid a cash amount less than the death MORE

Settlement Price

Business / Finance / Settlement Price: A figure determined by the closing range that is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices MORE

Regular Settlement

Business / Finance / Regular Settlement: Transaction in which a stock contract is settled and delivered on the fifth full business day following the date of the transaction (trade date). In Japan, regular settlement occurs three business day MORE

Next Day Settlement

Business / Finance / Next Day Settlement: Transaction in which the contract is settled the day after the trade is executed. See: Settlement date. MORE

Cash Settlement Contracts

Business / Finance / Cash Settlement Contracts: Transaction in which a contract is settled on the same day as the trade date, or the next day if the trade occurs after 2:30 p.m. EST and the parties agree to this procedure. Often occurs because a pa MORE

Viatical Settlement

Business / Taxes / Viatical Settlement: Technically speaking, a viatical settlement occurs when the holder of a life insurance policy sells the policy to a third party before the original owner dies. Most viatical settlements involve termin MORE

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