单词 | settlement date |
释义 | settlement date in Finance (sɛtəlmənt deɪt) Word forms: (regular plural) settlement dates noun (Finance: Investment, Stocks) A settlement date is the date on which a buyer pays for securities delivered by a seller, or the date on which title to real property passes from a seller to a buyer. The settlement date usually follows the trade date by five business days, but varies depending on thetransaction and method of delivery used. The contract outlines the payment schedule on the settlement date. A settlement date is the date on which a buyer pays for securities delivered by a seller, or the dateon which title to real property passes from a seller to a buyer. |
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