settlement
Definition 1
The finalizing of the sale of a property, as its title is transferred from the seller to the buyer. also called closing.
Definition 2
Delivery of certificates in exchange for payment after a securities trade.
Definition 3
Resolution of a dispute.
Definition 4
Payment of benefits from a life insurance policy.
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Related Terms
clearing, back office, cash settlement, clearing corporation
'settlement
' appears in the definitions of these terms on BusinessDictionary.comHerstatt risk, bilateral investment treaty, non-recurring income, capital adequacy, scripless, and 
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