Final settlement

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Revision as of 09:19, 25 January 2014 by imported>Doug Williamson (Added a more general definition see http://www.financial-elearning.co.uk/D2002/terms/defs/fdefs.htm)
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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.


See also

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