InvestorWords.com

settle


Definitions (3)

1. To pay a debt or complete a transaction.

2. To resolve a legal dispute.

3. To distribute the assets of an estate.

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Derivatives are Financial Weapons of Mass DestructionIn my 2002 letter to shareholders I referred to derivatives as "weapons of mass destruction." Derivatives are really just a way to create a product with a very long fuse, for example, 100 years, as op ... Read more


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