释义 |
delayed settlement Delayed SettlementA situation in which a buyer or, more commonly, his/her broker, does not receive delivery of the securities he/she bought by the settlement date. A delayed settlement may or may not be by mutual consent of the counterparties to the transaction. A seller may deliberately arrange a delayed settlement so the securities remain on his/her records until a certain event, such as the ex-dividend date, has passed. See also Fail to deliver, Aged fail.delayed settlement The transfer of a security or cash at a date beyond the usual settlement date. A seller may prefer delayed settlement in order to be listed on a firm's books on the record date for a dividend. |