- settlement/closing price
- The price used for daily revaluation ( Mark-to-market) of open positions. LIFFE
Financial and business terms. 2012.
settlement/closing price
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closing price — The last price paid for a commodity on any trading day. The exchange clearinghouse determines a firm s net gains or losses, margin requirements, and the next day s price limits, based on each futures and options contract settlement price. If… … Financial and business terms
settlement price — Established by the clearinghouse from the closing range of prices (the last 30 seconds of the day). The settlement price is used to determine the next day s allowable trading range, and to settle all accounts between clearing members for each… … Financial and business terms
closing — clos·ing / klō ziŋ/ n: the fulfillment or performance of a contract esp. for the sale of real estate; also: a meeting at which the closing of a contract takes place represented us at the closing ◇ At the closing for the completion of the sale of… … Law dictionary
Closing (real estate) — Closing (or settlement) is the final step in executing a real estate transaction. The closing date is set during the negotiation phase, and is usually several weeks after the offer is formally accepted. On the closing date, the parties consummate … Wikipedia
closing statement — Written analysis of closing (i.e. final steps) of real estate transaction setting forth purchase price less deductions for such items as mortgage payoff, tax adjustments, etc. and adding credits to arrive at net amount due seller. Detailed… … Black's law dictionary
closing statement — Written analysis of closing (i.e. final steps) of real estate transaction setting forth purchase price less deductions for such items as mortgage payoff, tax adjustments, etc. and adding credits to arrive at net amount due seller. Detailed… … Black's law dictionary
closing costs — Expenses which must be paid in addition to the purchase price on the sale of real estate. Closing costs with respect to a debt secured by an interest in land include: (a) fees or premiums for title examination, title insurance, or similar… … Black's law dictionary
closing costs — Expenses which must be paid in addition to the purchase price on the sale of real estate. Closing costs with respect to a debt secured by an interest in land include: (a) fees or premiums for title examination, title insurance, or similar… … Black's law dictionary
Settlement price — A figure determined by the closing range which is used to calculate gains and losses in futures market accounts. Settlement prices are used to determine gains, losses, margin calls, and invoice prices for deliveries. Related: closing range. The… … Financial and business terms
settlement or settle price — The settlement price determined at the end of the regular trading hours; used to calculate gains and losses in futures market accounts, performance bond calls and invoice prices for deliveries. The official daily closing prices of a futures… … Financial and business terms
