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Settlement date
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Settlement date
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
.
Related Terms: 13
Asset
,
Action
,
ECU
,
Government securities
,
Listed
,
Listed option
,
Option
,
Purchase
,
Ring
,
SEC
,
Settle
,
Transaction
,
Trade
Other Related Pages:
Category: Trading
Starting With: S
Additional Related Terms:
30-day wash rule
,
Active asset
,
Allowance for depreciation
,
Asset
,
Asset/equity ratio
,
Approved list
,
Asset management account
,
After-tax basis
,
Asset-backed security
,
Asset swap