Settlement: Difference between revisions
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imported>Doug Williamson m (Spacing 20/8/13) |
imported>Doug Williamson (Link with qualifications page) |
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* [[Settlement lag]] | * [[Settlement lag]] | ||
* [[Settlement system]] | * [[Settlement system]] | ||
* [[CertICM]] | |||
* [[Substitution]] | * [[Substitution]] | ||
* [[Trust]] | * [[Trust]] | ||
Revision as of 10:22, 29 November 2014
1.
An act that discharges obligation in respect of funds or securities transfers between two or more parties.
2.
Pensions.
An irrevocable action that relieves the employer of the primary responsibility for a pension obligation, thus eliminating associated risks.
3.
The disposal of assets via a trust arrangement.
