settlement
91Settlement Agent — 1. The party involved in completing a transaction between a buyer and seller. This is done through the transfer of securities to the buyer and the transfer of cash or other compensation to the seller. 2. A real estate professional who functions… …
92Settlement Date Accounting — An accounting method that accountants and bookkeepers use to record transactions in the company s general ledger when a given transaction has been fulfilled, which is when performance by both parties has been satisfied. Under settlement date… …
93Settlement Statement — A statement that summarizes all the fees and charges that both the homebuyer and seller face during the settlement process of a housing transaction. This form, which is under the jurisdiction of the U.S. Department of Housing and Urban… …
94settlement risk — The possibility that operational problems might interrupt or delay the settlement of a purchase or sale of a financial instrument. American Banker Glossary The risk that one party will deliver and the counterparty will not be able to pay and vice …
95Settlement Finality Directive — Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payments and securities settlement systems. Euroclear Clearing and Settlement glossary …
96settlement liquidity limit — The amount of liquidity or credit which a settlement bank has notified to the CSD as being available to a settlement bank client during each Business Day. Euroclear Clearing and Settlement glossary …
97Settlement conversion rate — An ISO term. The factor used in the conversion from transaction to settlement amount. The transaction amount is multiplied by settlement conversion rate to determine settlement amount. 1n7n …
98settlement price — The price at which an index futures or option contract is settled on the London International Financial Futures and Options Exchange Officially known as the Exchange Delivery Settlement Price (EDSP), the settlement price is calculated on the last …
99Settlement (trust) — In the context of trusts, a settlement is a deed (also called a trust instrument) whereby real estate, land, or other property is given by a settlor into trust so that the beneficiary only has the limited right to the property (for example during …
100Settlement of the Thousand — The Settlement of the Thousand ( he. התיישבות האלף, Hityashvut HaElef ) refers to two separate Zionist schemes to settle Jewish families on farms in Mandate Palestine. The first started in September 1926, [… …
