Settlement: Difference between revisions
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imported>Doug Williamson (Linked to The Treasurers Handbook - Payments and payment systems) |
imported>Doug Williamson (Link with Delivery versus payment system page.) |
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* [[Clearing system]] | * [[Clearing system]] | ||
* [[Curtailment]] | * [[Curtailment]] | ||
* [[Delivery versus payment system]] | |||
* [[Gross settlement system]] | * [[Gross settlement system]] | ||
* [[Settlement agent]] | * [[Settlement agent]] | ||
Revision as of 19:09, 26 March 2016
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.
