Final settlement: Difference between revisions
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1. | |||
''Law.'' | ''Law.'' | ||
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Also known as settlement finality. | Also known as settlement finality. | ||
2. | |||
Completion of a transaction when all components of the trade have been delivered. | |||
== See also == | == See also == | ||
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* [[Receiver finality]] | * [[Receiver finality]] | ||
* [[Sender finality]] | * [[Sender finality]] | ||
* [[Settlement]] | |||
[[Category:Compliance_and_audit]] |
Latest revision as of 22:08, 7 July 2022
1.
Law.
A settlement which is irrevocable and unconditional.
Also known as settlement finality.
2.
Completion of a transaction when all components of the trade have been delivered.