Invoice discounting and Settlement: Difference between pages

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A form of short term finance secured against trade accounts receivable.  
1. ''Funds and securities transfers.''
Under invoice discounting, the customer which owes the trade debt need not be informed about the related finance arrangement.


In this respect it differs from factoring, under which the customer is made aware of the factoring arrangement.
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.




== See also ==
== See also ==
* [[Accounts receivable]]
* [[CertICM]]
* [[Dynamic discounting]]
* [[Clearing]]
* [[Factoring]]
* [[Clearing system]]
* [[Supply chain finance]]
* [[Confirmation]]
* [[Curtailment]]
* [[Delivery]]
* [[Delivery versus payment system]]
* [[ERS]]
* [[Funds transfer system]]
* [[Gross settlement system]]
* [[Mediation]]
* [[Payments and payment systems]]
* [[Security]]
* [[Settlement agent]]
* [[Settlement bank]]
* [[Settlement lag]]
* [[Settlement system]]
* [[Substitution]]
* [[Transfer]]
* [[Trust]]
 
[[Category:Manage_risks]]
[[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.


See also