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.




settlement date is ...
... part of the
Trading subject.


Related Terms

trade date -
cash account -  More
brokerage account -  More
futures price, good delivery, underwriting agreement, with interest, fail, bad delivery, skip-day settlement


settlement date appears in the definitions of these other terms on BusinessDictionary.com

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