Settlement: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add headings.) |
imported>Doug Williamson (Add link.) |
||
| Line 30: | Line 30: | ||
* [[ERS]] | * [[ERS]] | ||
* [[Gross settlement system]] | * [[Gross settlement system]] | ||
* [[Mediation]] | |||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[Settlement agent]] | * [[Settlement agent]] | ||
Revision as of 22:34, 25 March 2021
1. Funds and securities transfers.
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. Disputes.
Any action or agreement that resolves or concludes an uncertain or disputed obligation, often including the payment of an agreed cash amount.
4. Trusts.
The disposal of assets via a trust arrangement.
