Same Day Funds Settlement

A method of Settlement that occurs the same day the Transaction is made. This replaced Next Day Settlement for most types of securities in 1996.

Related Terms: 9 Action, ECU, Next Day Settlement, OCC, SEC, Settlement, Settle, Transaction, Type

Other Related Pages: Category: Trading Starting With: S

Additional Related Terms: 12b-1 funds, 30-day wash rule, Adjusted balance method, Allowance for depreciation, Average daily balance method, Accrual of discount, Amortization of premium, At par, All or any part, At best