settlement date
Definition
The date by which an executed securities transaction must be settled, by paying for a purchase or by delivering a sold asset; usually three business days after the trade was executed (T+3); or one day for listed options and government securities.
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Related Terms
trade date, cash account
'settlement date
' appears in the definitions of these other terms on BusinessDictionary.com accelerated amortization, flat bond, statute barred debt, failed trade, underwriting agreement, and 
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