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settlement day

   Also found in: Financial, Wikipedia 0.01 sec.
Translations
settlement day
n (Econ) → Abrechnungstag m


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Sylvia and the killer had agreed a divorce settlement days earlier after two years of marriage.
Let's see what happens on settlement day when the price is $20.
At the end of the settlement day for the transaction, the former owner has cash and the buyer has a security entitlement reflecting "ownership" in the security.
 
 
 
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