Settlement: Difference between revisions
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imported>Doug Williamson (Link with Delivery versus payment system page.) |
imported>Doug Williamson (Add link.) |
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* [[Curtailment]] | * [[Curtailment]] | ||
* [[Delivery versus payment system]] | * [[Delivery versus payment system]] | ||
* [[ERS]] | |||
* [[Gross settlement system]] | * [[Gross settlement system]] | ||
* [[Settlement agent]] | * [[Settlement agent]] | ||
Revision as of 09:22, 27 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.
