SETTLEMENT DATE


Meaning of SETTLEMENT DATE in English

The date on which a transaction is settled. The settlement might take place on the same day as the trade (same-day settlement) or one or several days after the trade (the settlement date is specified as the trade date (T) + the settlement lag).

See also:

European Central Bank English Glossary.      Английский глоссарий Европейского Центрального Банка.