Settlement: Difference between revisions
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Layout.) |
||
Line 1: | Line 1: | ||
1. ''Funds and securities transfers.'' | 1. ''Funds and securities transfers.'' | ||
In the context of securities transfers, settlement is the exchange of securities between buyer and seller and the corresponding transfer of money between the two contractual parties. | |||
Settlement is usually preceded by confirmations on, among other things, the date and method of exchange and payment. | |||
Settlement is the act that discharges obligation in respect of funds or securities transfers between two or more parties. | |||
Line 29: | Line 34: | ||
* [[Delivery versus payment system]] | * [[Delivery versus payment system]] | ||
* [[ERS]] | * [[ERS]] | ||
* [[Funds transfer system]] | |||
* [[Gross settlement system]] | * [[Gross settlement system]] | ||
* [[Mediation]] | * [[Mediation]] | ||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
* [[Security]] | |||
* [[Settlement agent]] | * [[Settlement agent]] | ||
* [[Settlement bank]] | * [[Settlement bank]] | ||
Line 37: | Line 44: | ||
* [[Settlement system]] | * [[Settlement system]] | ||
* [[Substitution]] | * [[Substitution]] | ||
* [[Transfer]] | |||
* [[Trust]] | * [[Trust]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Cash_management]] | [[Category:Cash_management]] |
Revision as of 15:29, 16 February 2022
1. Funds and securities transfers.
In the context of securities transfers, settlement is the exchange of securities between buyer and seller and the corresponding transfer of money between the two contractual parties.
Settlement is usually preceded by confirmations on, among other things, the date and method of exchange and payment.
Settlement is the 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.