Settlement

Settlement
When payment is made for a trade. The New York Times Financial Glossary

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settlement set‧tle‧ment [ˈsetlmənt] noun
1. [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 settlements

2. [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] FINANCE
when 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] FINANCE
a 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.

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   Payment for securities or commodities in exchange for their delivery. Usually takes place some time after the deal itself.

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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.

See also THE BANK FOR INTERNATIONAL SETTLEMENTS(Cf. ↑the Bank for International Settlements), CASH SETTLEMENT(Cf. ↑cash settlement), ROLLING SETTLEMENT(Cf. ↑rolling settlement)

Financial and business terms. 2012.

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Synonyms:

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

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