Term of Day
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by which an
must be consummated: the day on which the
must deliver what was sold and
must pay for what was
Financial markets: Date on or before which
and instruments must
hands between a
and a seller; as opposed to the
(trading date) on which an
date follows the trading date by a fixed or specified number of business days; usually three days for stocks (shares) and bonds, and one (next)
options. See also
Also called settlement day.
letter of credi...
scope of work
cost and freigh...
free on board (...
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Mentioned in These Terms
settlement date accounting
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