Financial Dictionary

This dictionary contains:
24549
financial terms

Settle




Settle

To pay a debt or bill or account.

RELATED TERMS
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Debt
Money borrowed.

Account
1) In the context of bookkeeping, refers to the ledger pages upon which various assets, liabilities, income, and expenses are represented. 2) In the context of investment banking, refers to the status of securities sold and owned or the relationship between parties to an underwriting syndicate. 3) In the context of securities, the relationship between a client and a broker/dealer firm allowing the firm's employee to be the client's buying and selling agent.



SIMILAR TERMS
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Settle price
An average of the trading prices in the futures market during the last few minutes of trading.

Settlement
When payment is made for a trade.

Settlement date
The date on which payment is made to settle a trade. For stocks traded on US exchanges, settlement is currently three business days after the trade. For mutual funds, settlement usually occurs in the US the day following the trade. In some regional markets, foreign shares may require months to settle.

Settlement options
The various possibilities open to a beneficiary under a life insurance policy as to how the benefit will be paid out.

Settlement price
A figure determined by the closing range that is used to calculate gains and losses in futures market accounts.

Settlement rate
The rate suggested in Financial Accounting Standards Board (FASB) 87 for discounting the obligations of a pension plan. The rate at which the pension benefits could be effectively settled if the company sponsoring the pension plan wishes to terminate its pension obligation.

Settlement risk
The risk that one party will deliver and the counterparty will not be able to pay and vice versa.



PREVIOUS AND NEXT TERMS
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Services
Activities offered for sale to customers, (advice, transport, banking, insurance, restaurants, hotel rooms, etc.)

Set aside
A percentage of a municipal or corporate bond underwriting that is allocated for handling by a minority-owned broker-dealer firm.

Set of contracts perspective
View of corporation as a set of contracting relationships among individuals who have conflicting objectives, such as shareholders or managers. The corporation is a legal construct that serves as the nexus for the contracting relationships.

Set up
Applies mainly to convertible securities. Arbitrage involving going long the convertible and short a certain percentage of the underlying common.

Setoff
Money held on behalf of a borrower that may be applied to repay the loan, but usually without the permission of the borrower.

Settle

Settle price
An average of the trading prices in the futures market during the last few minutes of trading.

Settlement
When payment is made for a trade.

Settlement date
The date on which payment is made to settle a trade. For stocks traded on US exchanges, settlement is currently three business days after the trade. For mutual funds, settlement usually occurs in the US the day following the trade. In some regional markets, foreign shares may require months to settle.

Settlement options
The various possibilities open to a beneficiary under a life insurance policy as to how the benefit will be paid out.

Settlement price
A figure determined by the closing range that is used to calculate gains and losses in futures market accounts.

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This dictionary contains 24549 terms.







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