settlement

settlement definition - business

settlement

  1. The transfer of the security (for the seller) or cash (for the buyer) in order to complete a security transaction. See also delayed settlement, early settlement.
  2. Distribution of estate assets to beneficiaries.
  3. Agreement between parties to a lawsuit.
  4. See closing 1.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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